NRL Celebrated 31st Foundation Day with Reflection and Rejoice

Numaligarh Refinery Limited (NRL) commemorated its 31st Foundation Day with a sense of pride and gratitude.

NRL Celebrated 31st Foundation Day with Reflection and Rejoice
NRL Celebrated 31st Foundation Day with Reflection and Rejoice

NEW DELHI : Numaligarh Refinery Limited (NRL) commemorated its 31st Foundation Day with a sense of pride and gratitude. This special day was dedicated to reflecting upon the inception of the organization and its founders, as well as rejoicing the significant developments that have taken place since its establishment.

The Foundation Day celebrations were marked by a series of events and activities that brought the entire NRL family together to celebrate the history of the organization and reconnect with its continuing journey. The day was a reminder of the vision and mission of NRL and the unwavering commitment, resilience, and dedication displayed by each member in making that vision a reality.

Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY

As part of the Foundation Day celebrations, NRL reaffirmed its commitment to its core values of integrity, excellence, and sustainability. The organization also reiterated its dedication to serving the community and contributing to the socio-economic development of the region.

NRL, located in Assam, is a state-of-the-art refinery that has been playing a pivotal role in the economic growth of the Northeastern region of India. Over the past 31 years, NRL has emerged as a leading player in the oil and gas sector, known for its high-quality products, innovative technologies, and commitment to environmental and social sustainability.

The 31st Foundation Day of NRL was a momentous occasion that filled the entire NRL family with pride and inspired them to continue the legacy of excellence and progress. 

Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail deposits

Numaligarh Refinery Limited (NRL) was established as a Company on 22nd April 1993 in accordance with the provisions made in the historic Assam Accord signed on 15th August 1985.

About Numaligarh Refinery Limited- 

The 3 MMTPA Refinery was dedicated to the nation by former Prime Minister of India Shri Atal Bihari Vajpayee on 9th July, 1999. NRL has been able to display credible performance since commencement of commercial production in October 2000. With its concern, commitment and contribution to socio-economic development of the state of Assam and North East India, it is considered as one of the glowing manifestations of successful business enterprise in the region, with its footprints across the globe where its products, specially Paraffin Wax continue to be exported.

NRL has embarked on a major integrated Refinery Expansion Project to treble its capacity from 3 MMTPA to 9 MMTPA at an estimated investment of more than Rs. 28,000 Crore, one of the highest in the region. The project also includes setting up of a Crude Oil Import Terminal at Pardeep Port in Odisha and laying of about 1640 KM of pipelines for transportation of imported Crude Oil to Numaligarh.

The present authorized capital of the company is Rs. 5,000 Crore and paid up capital is Rs. 735.63 Crore.

Read Also : India assumes the Chair of Asian Disaster Preparedness Centre