Explorer

Assam CM Himanta Biswa Sarma Thanks PM Modi as Centre Confers ‘Navratna’ Status on Assam’s Numaligarh Refinery

Assam CM thanks PM Modi as Numaligarh Refinery Ltd is upgraded to Navratna status, boosting the company’s autonomy and prestige.

Guwahati: Assam Chief Minister Himanta Biswa Sarma has expressed gratitude to Prime Minister Narendra Modi for reposing faith in the state’s oil and gas sector, as the Centre granted ‘Navratna’ status to Numaligarh Refinery Ltd (NRL) in Golaghat.

Prior to the upgrade, NRL, a Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, held ‘Miniratna’ status. NRL will be the 27th ‘Navratna’ amongst the CPSEs.

“I am grateful to Adarniya Prime Minister Shri @narendramodi ji for his faith in Assam's oil & gas sector and his guidance in taking it forward. This milestone achievement would not have been possible without the unstinted support of Hon'ble Union Minister Shri @HardeepSPuri ji,'' Sarma said in a post on X.

It is a proud moment for Assam, he asserted.

''Not too long ago, it was on the verge of losing its PSU status, but with the Union Govt's support, we reposed our faith in the enterprise's ability & enhanced our stake in it and within 4 years it has become a Navratna,'' the CM said in another post.

Finance Minister Nirmala Sitharaman has granted ‘Navratna’ status to NRL, the Department of Public Enterprises under the Finance Ministry said on Tuesday.

NRL's majority shareholder is Oil India Ltd with 69.63 per cent holding, while the Assam government has 26 per cent and Engineers India Ltd 4.37 per cent.

The ‘Navratna’ status will significantly enhance financial and operational autonomy of the company, officials said. 

Advertisement

Top Headlines

Day After Trump’s ‘Will Run Venezuela’ Remark, Top Aide Makes U-Turn
Day After Trump’s ‘Will Run Venezuela’ Remark, Top Aide Makes U-Turn
Satellite Images Reveal Damage At Venezuelan Base Where US Forces Captured Maduro: Report
Satellite Images Reveal Damage At Venezuelan Base Where US Forces Captured Maduro: Report
‘Save Yourself’: Trump Warns Another President After Maduro Is Taken To The US
‘Save Yourself’: Trump Warns Another President After Maduro Is Taken To The US
'Have Fond Memories Of Shiv Sena Bhavan': Raj Thackeray's Emotional Return After 20 Years
'Have Fond Memories Of Shiv Sena Bhavan': Raj Thackeray's Emotional Return After 20 Years
Advertisement

Videos

Breaking: Elderly Couple Found Murdered at Home in Delhi’s Shahdara, Police Probe Underway
US-Venezuela Crisis: US Action in Venezuela Sparks Global Debate Over Sovereignty, Oil, and Precedent
US-Venezuela Crisis: Oil or Security? Debate Grows Over US Action in Venezuela and Power Politics
Indore Water Crisis: 15 Dead After Drinking Contaminated Water, Situation Still Critical
Breaking: PM Narendra Modi to Virtually Inaugurate 72nd National Volleyball Tournament in Kashi
Advertisement

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement
Embed widget