Sanjay Varma is MRPL’s new Managing Director
Mangaluru: Sanjay Varma has been appointed as the Managing Director (Additional Charge) of Mangalore Refinery and Petrochemicals Limited (MRPL), effective from June 1, 2023. This appointment was made by the Ministry of Petroleum and Natural Gas, Government of India, as per their official order. MRPL is a prestigious CPSE miniratna organization and a wholly owned subsidiary of ONGC.
Sanjay Varma brings with him a wealth of experience and expertise in the Oil & Gas industry. With over three and a half decades of service, he has held key positions in Operations Management, Project Management, Materials Management, and Health, Safety, and Environment Management.
Having served on the board of MRPL as Director Refinery since June 2020, Varma has been actively involved in the company's strategic direction and decision-making process. He has also gained extensive exposure through his involvement on the boards of MSTPL, ONGC Mangalore Petrochemicals Ltd, and Shell-MRPL Aviation.
A graduate in Mechanical Engineering, Sanjay Varma joined MRPL in December 1993 and has played a pivotal role in the execution and operation of all three major phases of the Refinery and its Aromatic Complex. Throughout his career, Varma has built a reputation for his exceptional track record across various functions, contributing significantly to the revival of MRPL's fortunes.
Under his leadership, MRPL achieved its best-ever physical performance and financial position, positioning it as India's largest operated single-site Oil PSU for the fiscal year 2022-23. With his extensive experience and proven capabilities, Varma is expected to lead MRPL towards a major expansion, meeting energy transformation targets, and venturing into ambitious marketing initiatives.
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India & Israel elevate ties to special strategic partnership, vow to soon conclude free trade deal
Jerusalem (PTI): India and Israel on Thursday elevated their "time-tested" relationship to a special strategic partnership and agreed to soon firm up a "mutually beneficial" free trade deal even as Prime Minister Narendra Modi strongly backed the Gaza peace initiative, asserting that humanity must never become a victim of conflict.
Following talks between Modi and his Israeli counterpart Benjamin Netanyahu, the two sides inked a plethora of agreements to expand cooperation in areas of trade, agriculture, energy, cyberspace and digital payment.
India and Israel also vowed to expand their already close defence partnership by working towards joint development and joint production of military hardware under the framework of the transfer of technologies.
In his media statement, Modi said India's security interest is linked to peace and stability in the Middle East, adding that New Delhi fully supports the Gaza Peace Initiative.
"India's stance is clear: humanity must never become a victim of conflict. A path to peace has been created through the Gaza Peace Plan. India has fully supported these efforts," he said.
"In the future as well, we will continue dialogue and cooperation with all countries," he said.
PM Modi landed in Israel on Wednesday on a two-day visit. It is his second visit to Israel in nine years.
In his remarks, the prime minister said India and Israel have a united view that there is no place for terrorism in the world and both sides stand shoulder-to-shoulder in countering terrorism and its supporters.
"Our relationship is founded on the strong bedrock of deep trust, shared democratic values, and human sensitivities. Our bond has stood the test of every trial of time," he said.
"Today, we have taken the historic decision to elevate our time-tested partnership to the status of a 'Special Strategic Partnership'," he said.
The prime minister also announced the establishment of an India-Israel critical and emerging technologies partnership to impart a new momentum for cooperation in areas of artificial intelligence, quantum, and critical minerals. "I am pleased that an agreement has been reached for the use of UPI in Israel," he said.
The prime minister, referring to the threat of terrorism, said India and Israel will continue to confront the menace unitedly.
"India and Israel are completely clear that there is no place for terrorism in the world. In any form, in any expression, terrorism cannot be accepted," he said.
"We have stood shoulder-to-shoulder in opposing terrorism and its supporters, and we will continue to do so," he added.
India and Israel also discussed the implementation of the India-Middle East Europe Economic Corridor (IMEC) and cooperation under the framework of I2U2 (India-Israel-UAE-USA).
