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CPCL and GRSE likely to get Navratna Status

CPCL and GRSE likely to get Navratna Status
The Government of India is expected to grant a Navratna status to Chennai Petroleum Corporation Limited (CPCL) and Garden Reach Shipbuilders and Engineers Ltd. (GRSE).

The CPCL meets the present eligibility criteria for grant of Navratna Status. The present score against the 6 financial indicators is 80 out of 60 and CPCL has received 4 excellent and 1 very good MoU ratings.

The GRSE also meets the present eligibility criteria for grant of Navratna Status. The present score against the 6 financial indicators is 76 out of 60 and GRSE has received 4 excellent and 1 very good MoU ratings.

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