GUWAHATI:
Numaligarh Refinery Ltd (NRL) has been rated ‘Excellent’ in MoU for Fiscal Year 2020-21 by the Department of Public Enterprises (DPE).
NRL is among the top 20 CPSEs (Central Public Sector Enterprises) in the country that has scored an ‘Excellent’ rating for the FY 2020-21.
NRL has been able to achieve an MoU score of 96.72, which is the highest amongst the CPSEs under the Ministry of Petroleum and Natural Gas. The MoU ratings were released on 18th January 2022 by the Department of Public Enterprises, Ministry of Finance.
Every year, MoU targets for the performance of CPSEs against various performance parameters are set by DPE.
The MoU included targets related to various parameters such as financial, physical, human resource management, project execution, etc. Apart from this, the special emphasis had also been given to targets related to CAPEX and growth.