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CNBC TV18•03-10-2026, 15:20
Petronet LNG Appoints Sanjay Kumar as MD & CEO, Takes Charge in 2027
  • •Petronet LNG announced the appointment of Sanjay Kumar, Director (Marketing) at GAIL (India), as its new Managing Director and Chief Executive Officer.
  • •Kumar's appointment was approved by the company's board on October 2, 2026, following a recommendation from the Nomination and Remuneration Committee.
  • •He is set to assume charge as MD & CEO from May 13, 2027, coinciding with the vacancy date for the position.
  • •Earlier in September, Petronet LNG authorized a proposal for a 50:50 joint venture with Gruner Renewable Energy Private Limited to establish 10 compressed biogas (CBG) facilities.
  • •The joint venture will develop 10 CBG facilities across India, each with a production capacity of 18 tonnes per day, requiring an estimated total investment of –1,200 crore.

Key Questions Answered

Petronet LNG announced the appointment of Sanjay Kumar, currently serving as Director (Marketing) at GAIL (India), as its new Managing Director and Chief Executive Officer.

Sanjay Kumar is scheduled to officially assume charge as Managing Director and CEO of Petronet LNG on May 13, 2027, which marks the date of vacancy for the position.

The 50:50 joint venture partnership between Petronet LNG and Gruner Renewable Energy Private Limited will involve an estimated total investment of ₹1,200 crore to develop 10 compressed biogas facilities.