Department of Public Enterprises

Timeline

1. 1 Jul2026
   Economy

   MECON Limited granted Miniratna Category-I status¹²

   The Ministry of Steel granted MECON Limited Miniratna Category-I status on 1 July 2026. MECON's net worth was Rs 535.42 crore as on 31 March 2026 and its profit before tax was Rs 104.53 crore in FY 2025-26. MECON is a Schedule 'A' central public sector enterprise under the Ministry of Steel.

   • The Ministry of Steel granted MECON Limited Miniratna Category-I status on 1 July 2026
   • MECON's net worth was Rs 535.42 crore as on 31 March 2026 and its profit before tax was Rs 104.53 crore in FY 2025-26
   • MECON is a Schedule 'A' central public sector enterprise under the Ministry of Steel
2. 19 Jun2026
   Economy

   Chennai Petroleum Corporation granted Navratna status³⁴⁵

   Chennai Petroleum Corporation Ltd granted Navratna status; DPE letter dated 19 June 2026. Reported as the 28th Navratna CPSE. Can invest up to Rs 1,000 crore or 15% of net worth on a single project without government approval.

   • Chennai Petroleum Corporation Ltd granted Navratna status; DPE letter dated 19 June 2026
   • Reported as the 28th Navratna CPSE
   • Can invest up to Rs 1,000 crore or 15% of net worth on a single project without government approval
   • CPCL turnover about Rs 59,400 crore in FY 2025-26

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Sources

1. Press Information Bureau
2. IANS
3. Swarajya
4. IndianPSU
5. Chemindigest