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THIS Major Refinery In Assam Accorded Navaratna Status, Becomes India’s 27th Navratna CPSE
New Delhi: The Department of Public Enterprises under the Finance Ministry has announced that Numaligarh Refinery in Assam has been granted the Navratna status.
Department of Public Enterprises in a post on X wrote, “Hon’ble Finance Minister has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE. NRL will be the 27th Navratna amongst the CPSEs. NRL is a Ministry of Petroleum & Natural Gas CPSE with an annual turn over of Rs 25,147 crores and net profit of Rs 1,608 crores for FY 2024-25.”
Hon’ble Finance Minister has approved the upgradation of Numaligarh Refinery Ltd (NRL) to Navratna CPSE. NRL will be the 27th Navratna amongst the CPSEs. NRL is a Ministry of Petroleum & Natural Gas CPSE with an annual turn over of Rs 25,147 crores and net profit of Rs 1,608… pic.twitter.com/SRLr8bfcHN
— Department of Public Enterprises (@DPE_GoI) December 2, 2025
Assam Chief Minister Himanta Biswa Sarma said that he was grateful to to Prime Minister Narendra Modi for the grant of the prestigious Navratna status to Numaligarh Refinery.
Sarma wrote on X, “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.”
Proud moment for Assam!@NRL_MoPNG is now a Navratna PSE.
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. pic.twitter.com/4S1nQmXgmt
— Himanta Biswa Sarma (@himantabiswa) December 2, 2025
Oil India Ltd has majority shareholding (69.63%) in NRL, while the Assam government has 26% and Engineers India Ltd 4.37% shareholding.
Union Petroleum and Natural Gas Minister Hardeep Singh Puri posted on X saying he was delighted and proud for Navratna status to NRL.
“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 North East,” Puri posted on X.
Delighted and proud to share that under the leadership of Hon’ble PM @narendramodi Ji, Numaligarh Refinery Ltd has been accorded Navratna status.
This recognises NRL’s strong performance and its ambitious growth path, from the ongoing NREP refinery expansion to the recently… pic.twitter.com/wn2a4gZWTK
— Hardeep Singh Puri (@HardeepSPuri) December 2, 2025
The Minister congratulated NRL, promoter Oil India Ltd, equity partner Engineers India Ltd and the Assam government, adding that the company’s steady rise reflects the Centre’s push for energy self-reliance and green-transition pathways.