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The state-owned Numaligarh Refinery Limited (NRL) in Assam plans to enter neighbouring Myanmar by setting up retail outlets once the situation is conducive in the trouble-torn country. Chairman and Managing Director of NRL, Bhaskar Jyoti Phukan, said: "We are now working in Bangladesh. Myanmar has been on our radar for quite some time. In the past we had exported through roads directly from Numaligarh to Moreah covering roughly 421 km." "The regime change had delayed the ...
Assam's Numaligarh refinery keen to set up retail outlets in Myanmar
ABB India is currently trading at Rs. 3337.85, up by 15.45 points or 0.47% from its previous closing of Rs. 3322.40 on the BSE. The scrip opened at Rs. 3333.10 and has touched a high and low of Rs. 3381.80 and Rs. 3301.65 respectively. So far 4072 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3445.65 on 02-Sep-2022 and a 52 week low of Rs. 1944.60 on 28-Mar-2022. Last one week high and low of the scrip stood a...
B N Rathi Securities jumps after transferring 100% equity stake of subsidiary
India's Bharat Petroleum Corp plans to shut its 156,000 barrels-per-day (bpd) Bina refinery in central India for about a month in June for maintenance, two sources familiar with the plan said. The state-run refiner also plans to shut half of its 240,000 bpd Mumbai refinery in western India for three to four weeks in September-October for maintenance, the sources said. BPCL's spokesperson did not respond to a Reuters' request for comments. Sources said the details of...
India's Bharat Petroleum Corporation to shut Bina refinery in June for maintenance
Assam's state-owned Numaligarh Refinery Ltd (NRL) posted a record earnings in fiscal 2021-22 with profit after tax of Rs 3,562 crore as compared to Rs 3,036 crore in the previous year, or an increase of Rs 525 Crore. After the 29th NRL's Annual General Meeting, Chairman-cum-Managing Director Ranjit Rath on Monday said that highest-ever profit before tax was also achieved by the company at Rs 4,848 crore, which is higher by 18.37 per cent over Rs 4,083 crore of the previous financia...
Assam`s Numaligarh Refinery posts Rs 3,562 cr profit after tax
The state-owned Numaligarh Refinery Limited (NRL) in Assam on Saturday signed a Memorandum of Understanding (MoU) with Engineers India Limited (EIL) for increasing research activities, NRL officials said. NRL sources said the EIL holds a 4.37 per cent stake in it and this MoU will lead to greater synergy between these two reputed oil and gas public sector enterprises to develop and license indigenous technologies, contributing significantly to the vision of 'Atmanirbhar Bharat'. ...
Assam's Numaligarh Refinery inks with EIL for expanding research
Engineers India is currently trading at Rs. 65.90, up by 1.90 points or 2.97% from its previous closing of Rs. 64.00 on the BSE. The scrip opened at Rs. 64.20 and has touched a high and low of Rs. 66.95 and Rs. 64.20 respectively. So far 78412 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 89.50 on 08-Jun-2021 and a 52 week low of Rs. 58.00 on 24-Feb-2022. Last one week high and low of the scrip stood at Rs. 68...
Engineers India zooms on inking MoU with Numaligarh Refinery
Oil India Ltd (OIL), in consortium with Engineers India Ltd (EIL), have placed their bid for acquiring 61.65 per cent stake of Bharat Petroleum Corporation Ltd (BPCL) in Numaligarh Refinery Ltd (NRL), persons privy to the development said. The NRL has been carved out from the BPCL and is not part of assets that is being sold as part of its privatisation plan. With the submission of the bid, the transaction for Numaligarh refinery may now be targeted for closure before the end of March. ...
OIL-led consortium places bid for BPCL's stake in Numaligarh Refinery
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