The Numaligarh Refinery Limited has planned to invest over 35 thousand crore rupees in the next five years. This amount will be invested in completing five ongoing projects including India- Bangladesh Friendship Pipeline.
About the Numaligarh Refinery –
- The Numaligarh Refinery is located at Morangi, Golaghat district, Assam.
- Numaligarh Refinery Limited (NRL) is a Category-I Mini Ratna PSU of Government of India.
- It is a group company of Oil India Limited (earlier subsidiary of BPCL) and the present shareholding pattern of NRL is OIL-80.16%, Government of Assam (GoA) — 15.47% and Engineers India Ltd (EIL) – 4.37%.
- In 2019, the Cabinet Committee on Economic Affairs approved plans to increase the refinery’s capacity to 9 million metric tonnes per year.