Numaligarh Refinery Limited (NRL) Granted Navratna Status

Assam-based Numaligarh Refinery Limited (NRL) has been accorded Navratna status, following approval from the Union Finance Minister. It becomes the 27th Navratna CPSE in India.

• About NRL:
  • Operates under the Ministry of Petroleum & Natural Gas.
  • Located in Golaghat district, Assam.
  • A subsidiary of Oil India Ltd.
  • Originally part of Bharat Petroleum Corporation Ltd (BPCL) before restructuring.
• Performance Indicators:
  • Turnover (FY 2024–25): ₹25,147 crore
  • Net profit: ₹1,608 crore
• Benefits of Navratna Status:
  Grants state-run enterprises greater financial and operational autonomy, including the ability to:
  • Undertake larger investment projects
  • Form strategic alliances
  • Invest up to a specified limit without seeking government approval
• Establishment and Operations:
  • NRL was commissioned in 1999.
  • Commercial production began in October 2000.