Deepak Gupta, a mechanical engineer and veteran of the energy sector, has taken over as chairman and managing director of GAIL (India) Limited. He has overseen landmark projects including the Dabhol breakwater and the Dangote Refinery in Nigeria.
Engineers India Limited (EIL) which is also a party to the deal, has independently acquired over 3.21 crore equity shares or 4.4 per cent of NRL from BPCL.