Shrikant Madhav Vaidya has taken over as the Director (Refineries) of IndianOil. He is also a Director on the board of Chennai Petroleum Corp. Ltd (CPCL) and the 60 million tpy West Coast Refinery and Petrochemicals Project, the world’s largest grass root refinery project, coming up in Maharashtra.
Vaidya now spearheads the business and operations of nine refineries and petrochemical plants of IndianOil. With a robust refineries division, IndianOil (including its group companies) has a group refining capacity of 80.7 million tpy.
A chemical engineer from the National Institute of Technology, Rourkela, Vaidya has 33 years of experience in refining and petrochemicals operations. He has had a decade-long association with India’s largest cracker plant – the Panipat Naphtha Cracker Complex – from its commissioning stage, to today where it is one of the major drivers of IndianOil’s petrochemicals business.
Prior to his elevation, Vaidya was heading the Operations Deptartment of the Refineries Division, ensuring healthy gross refining margins, smooth supply of products and eco-friendly business operations. During his tenure, the Refineries Division registered a record performance on all major physical parameters. He also steered the timely roll-out of BS-VI grade auto fuels in NCR, and has expanded green energy options with bio-fuel and ethanol-blended fuel related projects in refineries. Vaidya has also led IndianOil’s 8 million tpy Mathura Refinery, and his dynamic tenure saw the introduction of innovative initiatives for greater sustainability and profitability.
Read the article online at: https://www.hydrocarbonengineering.com/refining/16102019/sm-vaidya-promoted-to-director-refineries-of-indianoil/