Shri Gurinder Singh joined OPaL as Managing Director on 16th August 2022.
Shri Singh has over three decades of experience in the Petrochemical Industry with expertise in Marketing, International Business, Product Management, Govt/Regulatory Liaison, Supply Chain Management, and Managing Profitability/Cash Flow for petrochemical operations based on technology, feedstock, and marketing operations. Shri Singh has rich experience in Trade Remedial Measures, Starting New Operations, Managing JVs, etc.
Before joining OPaL, Shri Singh has been working with Reliance International Limited, Abu Dhabi, UAE as Senior Vice President & Head - Petrochemicals. He has worked for more than 15 years with Reliance Industries Limited and its other subsidiaries. He had started with erstwhile NOCIL and has also worked with Borouge Pte Limited and Tricon Energy.
Shri Singh is an Engineering Graduate from Regional Engineering College, Rourkela, Odisha, and has done his Masters in International Business from the Indian Institute of Foreign Trade, New Delhi. He has also undertaken Management Development Programmes from the Indian School of Business, Hyderabad, INSEAD France, Indian Institute of Management, Ahmedabad, and Duke University, USA.
Shri Atul Kumar Chaturvedi has joined OPaL as Director - Finance & Commercial and CFO on 01st July 2024.
Shri Chaturvedi has over 37 years of distinguished expertise in Corporate Financial Management, Accounts, Commercial Operations, Marketing, Joint Venture projects, Business Development (M&A), and Business Restructuring. His career is marked by extensive engagement with both internal and external stakeholders, including regulators, ministries, and Parliamentary Committees. Shri Chaturvedi is known for formulating impactful financial policies and presenting strategic proposals to management and the Board, coupled with his influential role in policy advocacy with the Government.
Prior to joining OPaL, Shri Chaturvedi served as the Financial Advisor of ONGC Videsh Limited (OVL), focusing on pivotal financial matters, corporate finance, treasury management, and spearheading business restructuring and M&A initiatives.
His journey began in 1989 when he joined ONGC organization as Finance and Accounts Officer, subsequently holding various key roles such as Chief (Commercial & Treasury), Head (Corporate Finance), Head (Tax & Treasury), and contributing as a Board Member for several international ONGC/OVL projects, rising to the level of Executive Director before superannuating in November 2022.
A distinguished Chartered Accountant from the 1986 batch of the Institute of Chartered Accountants of India (ICAI), Shri Chaturvedi is recognized for his steadfast commitment to a solution-driven approach, consistently achieving business objectives within stringent timelines. He possesses exceptional proficiency in analyzing complex scenarios and mitigating risks through effective strategic execution. His expertise extends to legal analysis, contract negotiations, and fostering a culture of quality delivery and team inspiration.
Shri Sanjay Bharti joined OPaL as Chief Finance Officer (CFO) on 27th June 2023.
Shri Bharti has over 25 years of experience with expertise in various domains of Corporate Finance, Corporate Accounts, Start-up Evaluation and Investment, Portfolio Management, Investment in Debt Securities, Procurement (both indigenous and imports), Forex Payments, Audit, SAP FI CO – TM implementations, Change Management, and implementation of Indian Accounting Standards, among others.
Leveraging his extensive knowledge in financial planning, risk management, and capital allocation, Shri Bharti demonstrates an unwavering commitment to achieving financial objectives while adhering to the highest standards of corporate governance. Prior to joining OPaL, Sri Bharti worked at ONGC in diverse roles, showcasing a proven track record of financial leadership.
Shri Bharti is a seasoned Chartered Accountant and MBA, LLB from the University of Delhi, and a DCLM from the Indian Law Institute, Delhi. He has further enriched his expertise by successfully completing the Management Development Programme on Leadership Beyond Boundaries from the Centre of Excellence, Institute of Chartered Accountants of India (ICAI), Hyderabad. Additionally, he has attained certificates in Wealth Management and Financial Planning, as well as Startups, from ICAI.
Shri Arup Jhampri has been working with OPaL since 17th May 2010. He has over 30 years of experience in the field of Petrochemicals. Before joining OPaL, he worked with Indian Petrochemical Corporation Ltd. (IPCL) and Reliance Industries Ltd. Shri Jhampri has been responsible for Plant Operation, Production & Planning, Manpower Scheduling, Troubleshooting, Production Budget, Checking & Updating of P&IDs and PFDs.
He has a Bachelor of Science Degree from Calcutta University. He also holds a B.Tech Degree in Chemical Engineering from Calcutta University.
Shri Amit Kaul joined OPaL as the Head of Human Resources in Vadodara on July 14, 2023.
He holds an MBA in Human Resource Development from the Delhi School of Economics. With nearly 24 years of experience at ONGC, he is recognized for his unwavering commitment to work and his wholehearted dedication to every role entrusted to him throughout his career.
In his previous assignment as Head of HR at ONGC's Jorhat work centre from 2019 to 2023, Shri Amit Kaul exhibited remarkable leadership abilities. With a manpower strength of over 1000 regular employees, it is the only work centre that stands out due to its distinctive combination of an Onshore Basin (Assam and Assam Arakan Basin) and an Onshore Asset (Jorhat Asset). Shri Amit Kaul successfully transformed the HR Department in Jorhat, Assam, inspiring and motivating the HR team to significantly enhance the speed and quality of their responsiveness across all areas. Furthermore, he effectively leveraged stakeholder engagement to ensure seamless operations of the Company in the region.
Prior to his role in ONGC Jorhat, Shri Amit Kaul gained extensive experience working in the Corporate HR function of ONGC at its Delhi and Dehradun offices from 1999 to 2018. One notable accomplishment during his tenure at the Corporate Office was successful streamlining of the training and development function within ONGC by focusing on improving the quality of learning opportunities and ensuring their equitable accessibility to all employees.
In recognition of his remarkable contributions, Shri Amit Kaul received the prestigious HR Excellence Award from ONGC in 2014.
Shri Vijay Iyah joined OPaL as Head – MM on 11th October 2023.
Shri Vijay Iyah, a Mechanical Engineering graduate from MS University Vadodara and a silver medallist from IIFT, furthered his educational journey by obtaining an MBA in International Business from the International Institute of Foreign Trade (IIFT), Delhi. His professional career commenced in 1988 as a Design & Piping Engineer at UHDE (India) Limited, followed by his transition to ONGC in 1990. Over the course of 33 years, he has garnered extensive expertise in the realms of oil and gas, Inspection, Maintenance, and Repair of Offshore Facilities including maintenance of drilling rigs. Subsequently, he played a key role in the development of ONGC's Petrochemicals business.
In an earlier capacity, Shri Vijay Iyah played a pivotal role during the pre- project stage at OPaL. His responsibilities included land acquisition, the development of detailed feasibility reports (DFR), securing pre-project approvals and clearances, shaping project contours, engaging front-end engineering consultants, and development of bid packages for critical, long- lead items such as DFCU and downstream licensor selection.
Furthermore, he played an integral part in facilitating the financial closure of the project through debt syndication and sponsor support agreements, which included securing funds through quasi-equity instruments like Compulsorily Convertible Debentures (CCDs) for OPaL.
Shri G. Moolnarayan joined ONGC Petro additions Limited (OPaL) as Head of Polymer on 11th October 2021. He is a Graduate in Chemical Engineering of the 1991 batch from NIT (National Institute of Technology), Rourkela, Odisha. He started his career as Production Engineer with Indian Petrochemical Corporation Limited (IPCL), Nagothane. He has rich experience of over 28 years in the areas of Concept to Commissioning of Projects, Stabilization and Operation, working in HDPE, LLD, UHMWPE & EVA Plants.
Before joining OPaL, Shri G. Moolnarayan was working with Reliance Industries Limited, Dahej as Vice President (Operations).
Shri Hemant Nautiyal joined ONGC Petro additions Limited (OPaL) in August 2015. He is a Chemical Engineer from the Manipal Institute of Technology and a post-graduate in Management Studies (specializing in Marketing Management) from NMIMS, Mumbai. He has around three decades of experience in the Petrochemicals domain focusing on the Chemical and Polymer business. He has rich experience in the formulation of business plans, strategic market positioning, product & market segmentation, domestic & international marketing, supply-chain management, product portfolio optimization, pricing strategies and market promotion initiatives. Before joining OPaL, he was working with OQ, Oman, and earlier with Reliance Industries Ltd and IPCL.
Shri Lalitesh Kumar joined OPaL as Head of Central Technical Services (CTS) on 1st April 2017.
Shri Lalitesh Kumar is an IIT (Varanasi) graduate and has been working with OPaL since 2010. He has been instrumental in the successful commissioning of the Dual Feed Cracker plant, which is considered to be one of the largest cracker units in south Asia. He along with Head - Cracker led the team OPaL in achieving the earliest commissioning of the plant.
In his professional career, he has rich and diversified experience of Greenfield projects of Ethylene Cracker in Operation, Process Engineering, Project Coordination and Project Management and worked with various prestigious and multicultural organizations, viz, IPCL, SABIC, Sidi Kerir Petrochemical (SIDPEC). He is also a Six Sigma Black Belt and has acquired proficiency in SAP as Power User for PP Module.
Shri Rajeev Vijay joined ONGC Petro additions Limited (OPaL) as Head – Utilities and Off-sites on 10th October 2017. He is a graduate in Mechanical Engineering and has a rich experience of 25 years in the diversified areas of Utilities, Off-sites and Maintenance, Power Plant Operations, Energy Conservation and Resource Management.
Shri Vijay is also a Certified Boiler Operation Engineer (B.O.E.) from the Government of Rajasthan 1995 (Batch). Before joining OPaL he was working with Matix Fertilisers & Chemicals Ltd. as a General Manager (Mechanical Maintenance).
Shri Vikas Agarwal joined OPaL as Head of Maintenance on 8th July 2017. He is a Graduate in Mechanical Engineering and possesses more than 25 years of rich experience in the Fertilizer Plant, Power Plant & Petrochemicals sector.
He started his career with Indo Gulf Fertilizers and has worked across various organizations like IGF and Reliance Industries Ltd. He has expertise in maintenance related activities across various manufacturing sectors and large setups like Petrochemical Plant, Rubber Plant, Naphtha Cracker, Acrylonitrile Plant, Ammonia Plant and Urea Plant. Before joining OPaL, he was working with Reliance Industries Ltd.
Shri Sanjay Varma has joined OPaL as Director – Marketing & Corporate Strategy on September 4, 2024, bringing over 36 years of extensive experience in the Oil & Gas and Petrochemical sector. Renowned for his exemplary leadership and transformative impact, Shri Varma has a proven track record of driving organizational success.
His career journey began in 1993 at MRPL, where he progressively advanced to roles such as Group General Manager, Director-Refinery, and eventually CEO & Managing Director (Additional Charge). Throughout his tenure, Shri Varma was pivotal in orchestrating a transformative overhaul that achieved record-breaking capacity utilization and significantly enhanced the company's market position. Under his visionary leadership, MRPL experienced a dramatic surge in market capitalization, climbing from ₹11,000 Crores to ₹40,000 Crores, thereby cementing its status as a market leader. His adept expansion and consolidation strategies in the petrochemical sector further solidified MRPL's dominance and ensured long-term success.
He played a significant role in revitalizing MRPL, steering the organization to achieve its best-ever performance, making it India’s largest single-site Oil PSU for the financial year 2022-23. Shri Varma’s strategic initiatives at MRPL included enhancing operational reliability, achieving record capacity utilization, and expanding company’s market presence. His efforts were pivotal in positioning MRPL as a market leader and driving substantial growth in key segments such as Polypropylene, Benzene, and Xylol. His contributions to commercialization of patented technologies earned MRPL the prestigious "Best Innovation Award" from MoPNG for two consecutive years, underscoring his exceptional ability to turn innovative ideas into impactful, industry-leading solutions.
Shri Varma is recognized for his innovative approach, including the development of a cutting-edge product portfolio with tailored Polypropylene grades. His financial acumen is demonstrated by a transformative strategy that reduced MRPL's debt from Rs. 25,000 Cr. to Rs. 14,000 Cr, while achieving record revenue of Rs. 1,24,000 Cr. His leadership also orchestrated a ~300% increase in market capitalization during his tenure as CEO & MD and Functional Director on the MRPL Board.
Renowned for his strategic foresight and expertise, Shri Varma excelled in stakeholder engagement, team building, and project management. His exceptional leadership in corporate strategy and supply chain management was crucial in fostering sustainable growth and improving operational reliability, reinforcing MRPL’s competitive edge and market leadership.
Shri Varma holds a degree in Mechanical Engineering and has further honed his leadership capabilities through Advanced Strategic Leadership Program at IIM Udaipur and Leadership Skills for Top Management course at ISB Hyderabad. His comprehensive experience, steadfast commitment to excellence, strategic vision, and transformative leadership make him a valuable asset to OPaL in driving sustainable growth and profitability.
Managing Director
Director – Finance & Commercial and CFO
Director – Marketing & Corporate Strategy
Chief Operating Officer
Head - Central Technical Services
Head - Maintenance
Head – U&O
Head – Marketing
Head-Polymer
Head – Human Resources
Head – MM
