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Shri L. R. Jain has taken over as CEO&MD of Indian Strategic Petroleum Reserves Limited w.e.f. 31.10.2022, a special purpose vehicle, which is a wholly owned subsidiary of OIDB, under the administrative control of Ministry of Petroleum & Natural Gas, specially created for constructing and operating Strategic petroleum Reserves for the country.

He is a Mechanical Engineer from BITS Pilani with MBA (PGEMP) from SPJIMR and is having more than three and half decades of vast experience in execution of projects, Operations and Procurement in BPCL, a flagship oil Marketing Company of India.
Prior to his posting as CEO&MD, ISPRL, he was heading the Engineering and Projects (E&P) entity of BPCL’s Marketing Division as Executive Director I/C and was responsible for execution of projects including green field LPG bottling plants/ Aviation stations/ POL terminals/ Coastal cryogenic facilities / 2G/1G Ethanol refinery across the country.

Mr. Jain also concurrently held the post of the Director of M/s IHB, a joint venture of IOCL, BPCL and HPCL for putting up Kandla-Gorakhpur LPG Pipeline since 2019 and spearheaded the project, which is progressing well.

Other leadership positions, he held in BPCL include Heading Central Procurement Organizations of BPCL’s Marketing Division as Executive Director (CPO), responsible for procurement of about Rs. 8000 Cr. worth Non-Hydrocarbon Goods and services including Ethanol and Entity Head Pipelines, responsible for operating about 3000 K.M. pipeline network of BPCL and execution of various green field cross country pipeline projects.

He has handled Retail POL Operations at the senior management level, where he was responsible for the Operations and Automation of 80 retail supply locations across the country and played a key role in coordinating the implementation of MBLAL recommendations across the Retail SBU of BPCL.

Major projects, to which he was associated at various levels , include Aviation fueling station for IGIA terminal, India’s largest LPG Bottling plant at Piyala, Aviation station at Suratgarh for Indian Airforce, BPCL’s first cross country pipeline from Mumbai to Manmad, Coastal POL terminal at Ennore & Krishnapatnam, Bina-Panki Cross country pipeline and associated facilities

Mr. Jain is an avid reader and has a passion for travelling and photography.


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Last Updated on 8-12-2023