ThinkStock PhotosNumaligarh Refinery Limited (NRL) presented the 1st Interim Dividend of Rs 114.76 Crore to the Government of Assam for the FY 2022-23 for its equity stake of 26% in the Company.
Chairman NRL and CMD OIL- Dr. Ranjit Rath presented the Dividend Cheque to Chief Minister of Assam-Himanta Biswa Sarma.
Earlier on 8th August 2022, the Board of Directors of NRL had approved the payment of 1st Interim Dividend for Financial Year 2022-23 @60% (i.e. Rs.6.00/- per fully paid equity shares of Rs.10/- each) on the paid up share capital of the Company.
NRL continues to contribute to the development of Assam as one of the leading Public Sector Enterprises headquartered in the State of Assam. Assam chief minister Himanta Biswa Sarma tweeted, "Happy to receive a cheque of ?114.76 cr from Oil India Limited CMD & NRL Chairman Ranjit Rath in presence of Union MoS Petroleum & Natural Gas Rameswar Teli, as 1st Interim Dividend for 2022-23 to Govt of Assam for its 26% stake in NRL Mo PNG.”
NRL is increasing its capacity from 3 to 9 MMTPA (million metric tonnes per annum) with an investment of Rs 28,000 Crore.
The company is investing more than Rs 35,000 Crore in completing the Refinery Expansion Project (NREP), Paradip Numaligarh Crude Oil Pipeline (PNCPL) & Crude Oil Import terminal at Paradip (COIT), 2G Ethanol Project.
The company added that NRL recorded the highest ever Standalone Capital expenditure at Rs 3,605 Crore, three times higher than its previous best of Rs 1,029 Crore in the FY 2020-21.
Chairman NRL and CMD OIL- Dr. Ranjit Rath presented the Dividend Cheque to Chief Minister of Assam-Himanta Biswa Sarma.
Earlier on 8th August 2022, the Board of Directors of NRL had approved the payment of 1st Interim Dividend for Financial Year 2022-23 @60% (i.e. Rs.6.00/- per fully paid equity shares of Rs.10/- each) on the paid up share capital of the Company.
NRL continues to contribute to the development of Assam as one of the leading Public Sector Enterprises headquartered in the State of Assam. Assam chief minister Himanta Biswa Sarma tweeted, "Happy to receive a cheque of ?114.76 cr from Oil India Limited CMD & NRL Chairman Ranjit Rath in presence of Union MoS Petroleum & Natural Gas Rameswar Teli, as 1st Interim Dividend for 2022-23 to Govt of Assam for its 26% stake in NRL Mo PNG.”
NRL is increasing its capacity from 3 to 9 MMTPA (million metric tonnes per annum) with an investment of Rs 28,000 Crore.
The company is investing more than Rs 35,000 Crore in completing the Refinery Expansion Project (NREP), Paradip Numaligarh Crude Oil Pipeline (PNCPL) & Crude Oil Import terminal at Paradip (COIT), 2G Ethanol Project.
The company added that NRL recorded the highest ever Standalone Capital expenditure at Rs 3,605 Crore, three times higher than its previous best of Rs 1,029 Crore in the FY 2020-21.
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