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Recent Current Affairs related to CPCL

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23 June 2026 NATIONAL

The Department of Public Enterprises under the Ministry of Finance has upgraded Chennai Petroleum Corporation Ltd (CPCL) as India's 28th Navratna company and Garden Reach Shipbuilders & Engineers Ltd (GRSE) as the 29th Navratna Central Public Sector Enterprise (CPSE).

Following this, both Public Sector Undertakings (PSUs) can invest up to Rs 1,000 crore or 15% of their net worth on a single project without prior approval from the central government.

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