• India Energy Forum
  • 13 - 15 October 2019, New Delhi, India
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B. Ashok

Ratnagiri Refinery & Petrochemicals Ltd.

Chief Executive Officer

Mr. B. Ashok, is currently the Chief Executive Officer, Ratnagiri Refinery & Petrochemicals Ltd., a Joint Venture Company of the three major Oil Marketing Companies in India. The Venture is implementing an integrated Refinery & Petrochemical Project in the State of Maharashtra, India at an estimated cost of around US$ 45 billion. This Project is in the initial phase and is slated for completion by the middle of the next decade and is potentially the largest Project of its kind in the world.

Mr. Ashok was earlier the Chairman of Indian Oil Corporation Ltd. between July, 2014 and May, 2017, a Fortune Global Major in the country. Concurrently, he was also the Chairman of Chennai Petroleum Corporation Ltd., an IndianOil subsidiary and IndianOil Tanking Limited, a Joint Venture with Oiltanking GmbH of Germany.

In addition, he was the Vice President of the Paris based World LPG Association, the authoritative voice of Global LPG Industry, Chairman of Petroleum Federation of India and Chairman of CII’s Council on Central Public Sector Enterprises.

An alumnus of College of Engineering, Madras University, majoring in Mechanical Engineering, he is also a Post Graduate in Management from MDI, Gurgaon. His experience in the Oil & Gas Industry spans nearly four decades.

Mr. Ashok has been a speaker in several international meets such as the World Petroleum Congress, IHS CERA Week, Houston, Microsoft CEO Summit, World LPG Forum, Oxford Energy Seminar-UK, Asia Oil & Gas Conference-Kuala Lumpur, PETROTECH, India-Africa Hydrocarbon Conference etc.

He has been part of several Indian Ministerial delegations abroad and has contributed to policy making in the hydrocarbon sector at both National and International levels. He has been an industry leader in the implementation of transformational LPG initiatives in India, besides several others.

Mr. Ashok has been conferred with the SCOPE Award for excellence and outstanding contribution to Public Sector Management in individual leadership category, an award received from the Hon’ble President of India. 

SESSIONS WITH B. Ashok

Tuesday, October 15

  • 04:15pm - 05:00pm

    Concurrent Plenary

    Role of Petrochemicals for "Make in India"

    India’s petrochemical demand is increasing at a rate higher than GDP growth. Current low per capita petrochemical consumption and rapid economic growth make India an attractive place for petrochemical investments. Global downstream companies are aiming to have a greater portfolio concentration in chemicals, especially along refinery-integrated pathways to mitigate the risk of slowdown in transportation fuel growth. What is the outlook for long-term petrochemicals demand? What are the risks and opportunities for India in this new business environment? How can India achieve “Make in India” by developing a large petrochemical manufacturing base for local demand and for exports? Will we see a backlash on plastics in India?