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Numaligarh Refinery accorded Navaratna status, informs Petroleum Minister Hardeep Puri – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Numaligarh Refinery accorded Navaratna status, informs Petroleum Minister Hardeep Puri

Numaligarh Refinery accorded Navaratna status, informs Petroleum Minister Hardeep Puri

The Numaligarh refinery in Assam. File
| Photo Credit: The Hindu

Numaligarh Refinery Ltd (NRL) has been accorded ‘Navratna’ status, Union Minister for Petroleum and Natural Gas Hardeep Singh informed on Monday (December 1, 2025). It becomes the 27th Central Public Sector Enterprise (CPSE) to be accorded the status.

Reflecting on the recognition to the CPSE, Mr. Puri stated, “This recognises NRL’s strong performance and its ambitious growth path, from the ongoing NREP refinery expansion to the recently inaugurated ABEPL bamboo based 2G bioethanol plant that is driving energy security and green growth from Assam and the Northeast.”

The 3 million metric tonnes per annum (MMTPA) capacity petroleum refinery is situated at Numaligarh in Golaghat district of Assam. State-owned explorer Oil India is the promoter of NRL holding 69.63% stake in the refinery, along with the state government of Assam (26%) and Engineers India (4.37%).

It had an annual turnover of ₹25,147 crores, housing net profits of ₹1,608 crores for FY 2024-25.

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