New Delhi. The race for the Chairman and Managing Director (CMD) post at Hindustan Petroleum Corporation Limited (HPCL) has set the corporate corridors of Delhi ablaze. While HPCL employees wait with bated breath for their new leader, high-stakes meetings and backdoor manoeuvres are reportedly in full swing. The situation has reached a boiling point, and one burning question echoes everywhere — Who will take command of HPCL?
Rumours are rife that private players have jumped into the fray, aggressively lobbying to install their “special candidate” in this prestigious position. Powerful lobbies are believed to be pulling strings from behind the scenes, raising serious concerns over the transparency of the selection process. Why, despite strong contenders from within the public sector, has this appointment been mysteriously delayed?
Insiders reveal that the interview process concluded long ago, with four candidates already receiving clearance from the concerned ministry. Yet, the final decision seems to be stuck in limbo. What is stopping the selection committee from sealing the deal? Is invisible pressure derailing this crucial appointment?
Industry experts argue that this delay is far from ordinary. Ever since whispers began about a prominent figure from a private company being parachuted into the HPCL CMD chair. the bureaucratic machinery has been in overdrive. Now, the file sits on the table of the Appointments Committee of the Cabinet (ACC) — but even there, the decision appears to have hit the brakes.
The bigger question now is: Is this wait just the calm before a big “surprise”? Could the government be planning to hand over the reins of a strategically vital PSU like HPCL to an outsider?
As speculation runs wild, nervous anticipation grips HPCL’s headquarters. How much longer this suspense will last remains to be seen. But one thing is certain — this CMD race has sent shockwaves across the corporate sector.
