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CENTRE GRANTS NAVRATNA STATUS TO FOUR CORPORATIONS
The Daily Guardian
|August 31, 2024
The Department of Public Enterprises (DPE) oversees Central Public Sector Enterprises (CPSEs) and formulates related policies.
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The central government has granted Navratna status to four of its companies -- Satluj Jal Vidyut Nigam Ltd, National Hydroelectric Power Corporation Ltd (NHPC), Solar Energy Corporation of India Ltd, and Railtel Corporation of India Ltd, Department of Public Enterprises said in X posts.
Finance Minister Nirmala Sitharaman has approved the upgradation of these companies as Navratnas.
With the latest addition, the country now has 25 state-owned Navratna companies.
Railtel Corporation of India Ltd is a state-owned company with an annual turnover of Rs 2,622 crores and a net profit of Rs 246 crores for the financial year 2023-24.
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