Veerappa Moily proposal for Sudhir Vasudeva cast aside, Dinesh K Sarraf new ONGC chief

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SummaryRejecting Oil Minister M Veerappa Moily's proposal to give Sudhir Vasudeva a post-retirement extension, Dinesh K Sarraf was today appointed the new head of Oil and Natural Gas Corp, the nation's most profitable firm.

trillion cubic feet (Tcf) of gas resources.

Sarraf holds Master's in Commerce from the University of Delhi. He is also a member of the Institute of Cost and Works Accountants of India and the Institute of Company Secretaries of India.

As head of ONGC, his immediate task would be to raise the stagnant oil and gas output and aggressively look for more reserves.

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