A big relief to Nishi Vasudeva (CMD, HPCL), post BHEL scenario

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Nishi Vasudeva

Nishi Vasudeva

The orders issued by the Govt of India appointing Nishi Vasudeva as the new CMD of Hindustan Petroleum Corporation (HPCL) came as a big relief in post BHEL scenario. Extension to B P Rao as CMD, BHEL has filled the PSU stalwarts with apprehensions despite several recommendations/selection made by PESB. Speculations have been going on that Subir Roychoudhury, the present CMD, HPCL, may be given extension overriding Vasudeva’s selection for next CMD by PESB.

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