39 CPSEs bags 'Excellent Rating' from DPE

New Delhi: The Department of Public Enterprises (DPE) has released its Memorandum of Understanding (MoU) ratings for Central Public Sector Enterprises (CPSEs) for the fiscal year 2023-2024, revealing that a significant number of these entities have achieved top performance. According to the data, 39 CPSEs have been awarded the coveted 'Excellent' rating, highlighting their strong performance during the financial year.

The ratings, which assess CPSEs based on various agreed-upon parameters, indicate a robust performance across several sectors. The 'Excellent' category includes prominent names such as:

1. AIRPORTS AUTHORITY OF INDIA
2. BEML LIMITED
3. BHARAT ELECTRONICS LIMITED
4. BHARAT PETROLEUM CORPORATION LIMITED
5. BRIDGE AND ROOF COMPANY (INDIA) LIMITED
6. CENTRAL WAREHOUSING CORPORATION (CWC)
7. COAL INDIA LIMITED
8. COCHIN SHIPYARD LIMITED
9. CONTAINER CORPORATION OF INDIA LIMITED
10. ECGC LIMITED
11. EDUCATIONAL CONSULTANTS INDIA LIMITED (EDCIL)
12. GAIL
13. GARDEN REACH SHIPBUILDERS AND ENGINEERS LIMITED (GRSE)
14. GOA SHIPYARD LIMITED
15. GRID CONTROLLER OF INDIA LTD. (GRID-INDIA)
16. HINDUSTAN AERONAUTICS LIMITED
17. HINDUSTAN COPPER LIMITED
18. HINDUSTAN PETROLEUM CORPORATION LIMITED (HPCL)
19. HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED
20. INDIA TOURISM DEVELOPMENT CORPORATION LIMITED (ITDC)
21. INDIAN OIL CORPORATION LIMITED
22. INDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMI
23. INDIAN RAILWAY FINANCE CORPORATION LIMITED
24. IREL (INDIA) LIMITED
25. INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED
26. IRCON INTERNATIONAL LIMITED
27. KONKAN RAIL CORPORATION LIMITED
28. MAZAGON DOCK SHIPBUILDERS LIMITED
29. MUMBAI RAILWAY VIKAS CORPORATION LIMITED
30. NATIONAL SMALL INDUSTRIES CORPORATION LIMITED
31. NBCC (INDIA) LIMITED
32. NTPC LIMITED
33. NUCLEAR POWER CORPORATION OF INDIA LIMITED (NPCIL)
34. POWER FINANCE CORPORATION LIMITED
35. POWER GRID CORPORATION OF INDIA LIMITED
36. RAIL VIKAS NIGAM LIMITED
37. RAILTEL CORPORATION INDIA LIMITED
38. REC LIMITED
39. SOLAR ENERGY CORPORATION OF INDIA

In addition to the top performers, a substantial number of CPSEs also secured 'Very Good' and 'Good' ratings, demonstrating a generally positive performance trend within the public sector. Some of the CPSEs rated as 'Very Good' include ALMCI, BALMER LAWRIE & CO. LTD., BDL, BSNL, CEL, ECIL, EIL, HSL, MECON, MECL, MOIL, MSTC, NALCO, NBCFDC, NICS, NMDFC, NSKFDC, NSCFDC, NSTFDC, NHPC, NLCIL, NMDC, ONGC, OIL, ONGC VIDESH, RITES, SPMCIL, SCIL, SJVN, SAIL, TCIL.

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Good Ratings goes to: BHEL, BRAITHWAITE, FACT, MISHRA DHATU NIGAM LIMITED, NFL, NATIONAL HANDICAPPED FINANCE AND DEVELOPMENT CORPORATION, RCFL, UCIL.

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However, the ratings also indicate areas needing improvement, with a few CPSEs receiving 'Fair' and 'Poor' ratings. ANDREW YULE AND COMPANY LIMITED, HLL LIFECARE LIMITED, NATIONAL SEEDS CORPORATION LIMITED received a 'Fair' rating, while INDIAN MEDICINES AND PHARMACEUTICALS CORPORATION LIM, KARNATAKA ANTIBIOTICS AND PHARMACEUTICALS LIMITED, WAPCOS LIMITED were rated as 'Poor'.

Overall, the DPE MoU ratings for FY 2023-2024 highlight the significant achievements of numerous CPSEs, with a strong emphasis on 'Excellent' performers. This report provides valuable insights into the performance landscape of India's public sector enterprises.

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