Mukesh Ambani announced these days that Reliance Industries Limited will walk on a blueprint for its green-power transition. He told stakeholders that the organisation had launched into the transition of enterprise into sustainable and green. Reliance’s oil and gasoline business contributes 60.Ninety nine percent of the organization’s Rs nine.7 lakh crore topline. It is the enterprise’s maximum carbon-intensive commercial enterprise. Ambani desires to make the corporation internet zero in little over a decade.
Mukesh Ambani has appointed an environment, social and governance committee for this project. The panel might be chaired by way of Ambani’s cousin, Hital R Meswani. PMS Prasad is also at the panel. Who is PMS Prasad?
Prasad is the entire-time director of the organization. He has labored with Reliance for 42 years. He has held positions in Fibers, Petrochemicals, Refining and Marketing and Exploration and Production. He leads the E&P and R&M Businesses presently.
PMS Prasad holds bachelor’s degrees in Science from Osmania University and in Engineering from Anna University. He obtained an honorary doctorate degree from a university in Dehradun. He is likewise a Director of Network18 Media & Investments Limited, TV 18 Broadcast Limited, Reliance BP Mobility Limited, Viacom 18 Media Private Limited and Reliance Commercial Dealers Limited.
He have been the proper hand of Mukesh Ambani’s father, Dhirubhai Ambani.
He have been instrumental in launching RIL’s Hazira petrochemicals and Krishna Godavari basin achievement. He is the senior-maximum inside the organization’s hierarchy after the Mukesh Ambani circle of relatives.His full call is Panda Madhusudana Siva Prasad.
He had joined Reliance when Dhirubhai Ambani was running the display. He is a local of Andhra Pradesh’s Guntur.
He became promoted as CEO via Mukesh Ambani. He additionally helped set up the most important refinery in the world in Jamnagar.
In 2021-2022, he turned into the 1/3-maximum paid Executive Director of the agency. His total remuneration turned into Rs eleven.89 crore. In 2020, he pledged his Reliance stake well worth Rs 103 crore.