Shri Ramachandran takes over as CEO of OMPL

14th May 2010

Armed with over 3 decades of experience in the Indian Oil sector, Shri S. Ramachandran, Executive Director from ONGC has taken over as CEO of OMPL at Mangalore, today. ONGC Mangalore Petrochemicals Limited (OMPL) is company promoted by ONGC and MRPL with equity contribution of 46% and 3% respectively.

OMPL is setting up an Aromatic Complex with project cost of Rs.5750 Cr in Mangalore Special Economic Zone (which is also promoted by ONGC) as a value addition project of Mangalore Refinery and Petrochemicals Limited(MRPL) .The plant will produce 905,000 MT of para-xylene and 270,000 MT of benzene utilizing the naphtha and other streams from MRPL. The project is expected to
be commissioned by November 2012.

Prior to this Shri Ramachandran was heading the all important Corporate BD & JV Group of ONGC as ED-Chief at New Delhi and has taken over the reigns of this Joint Venture Company at a very crucial period of its project stage.

Shri. S Ramachandran , a Chemical Engineer and an expert on Contracts Management , is the second ONGC Executive to have been appointed a CEO in recognition of his technical expertise and highly successful managerial competence. He has the daunting responsibility of steering this prestigious company from the project construction and commissioning to the operations stage.

Shri Ramachandran is upbeat about his new role and says that he will strive to optimize value addition to ONGC group of companies while executing this challenging assignment.