Chandra Sekhar Davuluri has been appointed as the Chief Digital & Technology Officer at Oil and Natural Gas Corporation Ltd (ONGC), marking a significant development in the public sector enterprise (PSU) landscape. Davuluri, who has been with ONGC since January 2016, has previously held various key positions within the company, including CGM (E&T), GM (E&T), and DGM (E&T). He also served ONGC between 1989 and 1994 as an AEE.
ONGC, a Maharatna company, stands as India’s largest producer of crude oil and natural gas, contributing approximately 70% of the country’s domestic production. The crude oil produced by ONGC serves as a crucial raw material for downstream companies such as Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL). These companies convert crude oil into essential petroleum products like petrol, diesel, kerosene, naphtha, and cooking gas (LPG).
Ranked as India’s top energy company and 14th among global energy majors by Platts, ONGC is the only Indian company on Fortune’s ‘Most Admired Energy Companies’ list. It holds the 226th position on the Forbes Global 2000 and is recognized for its exemplary corporate governance, with Transparency International ranking it 26th among the world’s biggest publicly traded giants. ONGC is India’s most valued public enterprise, known for its high profitability and consistent dividend payouts.
Davuluri’s appointment is expected to further strengthen ONGC’s commitment to digital transformation and technological advancement, ensuring the company remains at the forefront of the energy sector.