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. 

Top Headlines

Starvation Fears Grow In Oleshky As Ukraine Urges Immediate Evacuations
Starvation Fears Grow In Oleshky As Ukraine Urges Immediate Evacuations
Man Dies After Shark Attack While Fishing With Family In Western Australia
Man Dies After Shark Attack While Fishing With Family In Western Australia
Amit Shah Orders Border Awareness Drives To Combat Drugs, Arms Smuggling Along Bangladesh Frontier
Amit Shah Orders Border Awareness Drives To Combat Drugs, Arms Smuggling Along Bangladesh Frontier
TMC Crisis Deepens: Abhishek’s Delhi Visit Sparks Buzz Over Bigger Revolt
TMC Crisis Deepens: Abhishek’s Delhi Visit Sparks Buzz Over Bigger Revolt

Videos

Economy News: PM Modi Chairs Key Economic Advisory Council Meeting Amid Global Uncertainty
Global Tensions: Rubio's Remarks on Mojtaba Khamenei Spark Fresh Debate Over Iran's Influence
World Affairs: Iran Rejects Trump Meeting Speculation, Signals Tough Stance on Frozen Assets
Breaking: Shreyas Iyer Named India’s T20 Captain, Vaibhav Suryavanshi Earns Maiden National Call-Up
Breaking: Khan Sir Back in the Spotlight Amid Patna Firing Probe

Photo Gallery

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