NRL remains the company’s key focus area to implement long-term business growth and without any time and cost overruns.
Numaligarh Refinery Limited (NRL) plans to invest Rs 35,000 crore over the next five years to complete its five major ongoing projects, including the India-Bangladesh Friendship Pipeline (IBFPL), a top company official said.
The sanctioned expenditure of the expansion project is Rs 18,968 crore and as on June 30, 2022, the physical progress was 14.1 percent and the cumulative financial commitment was Rs 11,996 crore.