Numaligarh Refinery in Assam upgraded to ‘Schedule A’ category enterprise

NRL Emerges as Top 20 CPSE with Impressive Performance, Global Expansion, and Ambitious Growth Plans

Numaligarh Refinery Limited (NRL) has established itself as one of the top 20 CPSEs in India in terms of both sales revenue and profitability. It has gained widespread recognition as a high-performing refinery in the country, setting industry benchmarks for distillate production, specific energy usage, and gross refining profit. Furthermore, NRL has embarked on exporting petroleum products to neighboring countries, solidifying its global presence and playing a vital role in advancing the Act East Policy of the Government of India.

With a refining capacity of 3 million metric tonnes per annum (MMTPA), NRL holds the distinction of being the largest refinery in Northeast India. Currently, it is undertaking a significant expansion project to triple its refining capacity to 9 MMTPA, alongside the construction of a transnational crude oil pipeline from Paradip in Odisha. NRL is also actively involved in projects valued at Rs. 35,000 crores in the region, representing one of the largest investments in the oil and gas sector.

NRL’s Schedule A Status Upgrade Unlocks Financial Autonomy and Expansion Opportunities

The elevation to Schedule A status also makes NRL eligible for Navratna status, providing greater financial autonomy. This will empower the organization to undertake larger and more complex projects, make prompt decisions regarding joint ventures, strategic alliances, and special purpose entities for strategic expansion.

Key takeaways for competitive examinations

  • Numaligarh Refinery Limited is a division of : Oil India Limited
  • Numaligarh Refinery Limited Director(Finance): Sanjay Choudhuri

Find More State In News Here

Telangana High Court Declares Telangana Eunuchs Act Unconstitutional: A Victory for Transgender Rights_100.1Telangana High Court Declares Telangana Eunuchs Act Unconstitutional: A Victory for Transgender Rights_100.1

Saurabh

Recent Posts

In Which State is Kalesar National Park Located?

Kalesar National Park is a peaceful and green place filled with forests, wild animals and…

9 hours ago

Who was the First Male Doctor in India? Know the Name

India has a rich history of medicine and healing. During the British rule, becoming a…

10 hours ago

Who was the First President of India? Know the Name

India became a free and independent country in 1947, and later in 1950, it became…

11 hours ago

Rongali Bihu: Assam’s Celebration of New Beginnings and Agricultural Prosperity

Rongali Bihu, also known as Bohag Bihu, is being celebrated across Assam in mid-April 2025,…

12 hours ago

Who was the First Home Minister of India? Know About Him

After India got independence in 1947, the country needed strong leaders to help build a…

12 hours ago

YuvaSpark Founder Akarsh Shroff Conferred with National Youth Award for Transforming Early Education in India

Akarsh Shroff, the founder of YuvaSpark, was conferred the National Youth Award on April 3,…

12 hours ago