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Milind Torawane, IAS has done Bachelor of Engineering (electronic & telecommunication) and Masters in Public Administration at the Maxwell School of Syracuse University, USA. He has vast experience of working in the Finance Department of Government of Gujarat as the secretary (expenditure) and also as the secretary (economic affairs).
Torawane had also served as the managing director of Gujarat Alkalies and Chemicals (GACL) and Gujarat State Investment (GSIL).
Gujarat State Petronet's primary business objective is to connect various supply sources and users of natural gas in Gujarat through its gas pipeline network. GSPL is the leader in natural gas transmission business in Gujarat and is the second-largest natural gas transmission player in India. GSPL also sells electricity generated through its 52.50 MW windmills.
The company reported 31.1% fall in standalone net profit to Rs 170.93 crore on a 14.6% decrease in net sales to Rs 402.41 crore in Q3 FY22 over Q3 FY22.
The scrip closed 0.84% higher at Rs 276.45 on Thursday, 13 April 2023.
The domestic stock market is shut today, 14 April 2023, on account of Dr. Baba Saheb Ambedkar Jayanti.
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