Shri Rajeev Kumar Singhal assumed charge as the Director (Business Development), GAIL (India) Limited today.
Shri Singhal is an Electronics and Communication Engineer from liT BHU Varanasi with a Diploma in Business and Finance from ICF AI. He joined GAIL in 1989 as an Assistant Executive Engineer and has spent more than three decades at GAIL in various roles.
He has gained extensive exposure in the operation and maintenance of natural gas installations, SCADA/Telecom, LNG sourcing, trading, shipping, marketing, and business development activities covering mergers and acquisitions, diversification, renewables/green hydrogen, etc.
Some of his notable achievements include marketing US LNG to six fertilizer plants under a longterm contract, renegotiating LNG sourcing contracts from Qatar and Russia, spearheading the acquisition of JBF Petrochemical Limited through NCLT, setting up India's first Small Scale LNG project, and acquiring a 26% stake in Japonica, an LNG vessel company.
Shares of GAIL (India) Limited was last trading in BSE at Rs. 125.95 as compared to the previous close of Rs. 125.30. The total number of shares traded during the day was 852451 in over 7108 trades.
The stock hit an intraday high of Rs. 127.00 and intraday low of 125.20. The net turnover during the day was Rs. 107458826.00.