The company's Rs 676-cr wax plant was commissioned by Prime Minister in February this year and is the largest in India
A major reason why the government kept NRL outside the strategic sale of BPCL was its importance to the Assam Accord
The high valuation is another reason for analysts to be cautious on the stock
The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year
The company has identified Namrup block in Dibrugarh and Mesaki in Tinsukia districts for foraying into exploration of crude
The Cabinet also decided to recapitalise the Exim Bank to the tune of Rs 6,000 crore and to double the authorised capital to Rs 20,000 crore
The imports are meant for catering to NRL's capacity expansion
The project has been planned keeping in view the future demand of bio-fuel in the region
The company said this e-invoicing initiative was part of the central government's vision of a 'Digital India'
With a Gross Refining Margin of $8.06 per barrel, it has been one of the best in the industry
NRL is the first amongst oil PSUs to undertake this environment-friendly initiative