Numaligarh Refinery Limited has upgraded to Schedule A CPSE by the Government of India

New Delhi: Numaligarh Refinery Limited has achieved a significant milestone by being upgraded to 'Schedule A' CPSE by the Government of India. This recognition reflects NRL's strong financial performance, operational efficiency, and contribution to the economic development of the Northeast region.

NRL ranks among the top 20 CPSEs in India, excelling in sales revenue and profitability. It is a high-performing model refinery, setting industry-leading benchmarks in distillate yield, energy consumption, and refining margin.

Read Also : CONCOR CMD Interacts with Cold Chain Logistics industry leaders based in Japan

Currently implementing a mega refinery expansion project to triple its capacity to 9 MMTPA, NRL is the largest refinery in Northeast India. It is also laying a trans-national crude oil pipeline from Paradip in Odisha. These projects, with investments worth INR 35,000 crores, signify NRL's commitment to growth in the oil and gas sector.

Read Also : Lithium-ion Battery Market: The Only Guide You Need

This upgradation brings higher financial autonomy, enabling NRL to undertake larger projects and strategic growth opportunities.

Read Also : YES Bank Launches Innovative Payment Platform with Plada Infotech