B. Ashok, retired chairman of Indian Oil Corp. Ltd., will become chief executive officer of the joint venture planning a 1.2 million-b/d refinery and petrochemical complex in Maharashtra, India, according to press reports (OGJ Online, Dec. 8, 2016).
The joint venture of IOCL, Hindustan Petroleum Corp. Ltd., and Bharat Petroleum Corp. Ltd., Ratnagiri Refinery & Petrochemicals Ltd., plans to build the complex at Babulwadi in Ratnagiri district on the Maharashtra coast about 170 miles south of Mumbai.
Ashok retired earlier this year after leading IOCL for 3 years.
