Section 13(4) in First Statutes of the Indian Institute of Petroleum and Energy, 2018
(4)The Director shall be appointed for a period of five years or till the time he superannuates whichever is earlier. The retirement age will be seventy years. However, at the time of appointment, it shall be ensured that the appointee has a minimum period of three years to serve as the Director:Provided that the Central Government may direct that the Director, whose term has expired, to continue in office for such period not exceeding a period of one year, as may be specified in that direction.
