Bhaskar Jyoti Phukan is Managing Director of Numaligarh Refinery Limited (NRL), a leading public sector refinery in the Northeast India under the Ministry of Petroleum and Natural Gas, Government of India.
He is a Mechanical Engineer with more than 30 years of experience in the Oil Industry including Logistics, Marketing, Technical Services and Operation. He started his career in Indian Oil Corporation Ltd. (Assam Oil Division) in the year 1990 and thereafter joined Numaligarh Refinery Limited (NRL) in the year 1999. Prior to his assuming the office of the Managing Director, he held the position of Director (Technical) of NRL.
Shri Phukan has been instrumental in strategizing the growth of various upcoming projects in the area of Oil Refining, Crude Oil Transportation, Petroleum Transportation, Natural Gas Transportation, Petro Chemical projects, Investment in marginal fields etc. NRL plans around INR Rs 45,000 Crs capex in next 5 years and these investments will make NRL a leading player in all streams of Hydrocarbon. He was one of the key persons in conceptualising and implementing the first-in-the-world 2G ethanol bio-refinery at Numaligarh which will convert bamboo to ethanol and other chemicals. Mr Phukan is an avid technology enthusiast and is a believer of early adoption of cutting-edge technology and supports start-ups ventures. Under his exceptional leadership and unwavering dedication, Numaligarh Refinery Limited has achieved a momentous milestone, upgrading from Schedule B to a prestigious Schedule A company, very recently.
NRL has witnessed commendable financial growth under Shri Bhaskar Jyoti Phukan's stewardship, reflecting sound financial management and strategic decision-making. NRL has been recently upgraded from a Mini Ratna CPSE to a Navaratna CPSE on 2nd December 2025 under the leadership of Shri Phukan.
Shri Bhaskar Jyoti Phukan's forward-thinking leadership is evident in NRL's ambitious Net Zero roadmap with a comprehensive strategy addressing Scope 1 and Scope 2 emissions through the Green H project, emphasizing the production of green hydrogen, waste ammonia recovery, and afforestation initiatives. This commitment underscores NRL's dedication to sustainable practices and environmental stewardship. In summary, his leadership has positioned NRL as a key player in India's energy sector, contributing significantly to the nation's energy security and environmental goals through a dynamic hybrid strategy and a clear roadmap towards achieving Net Zero Emissions by 2038.