The orders for conferment of Maharatna status to IOC, NTPC, ONGC and SAIL were issued on 19.5.2010.

      The proposals for grant of Maharatna status to Indian Oil Corporation Limited (IOC), NTPC Limited (NTPC), Oil & Natural Gas Corporation Limited (ONGC) and Steel Authority of India Limited (SAIL) were received from their concerned Administrative Ministries.  The Central Public Sector Enterprises fulfilling the following criteria are eligible to be considered for grant of Maharatna status: -

·        Having Navratna status

·        Listed on Indian stock exchange with minimum prescribed public shareholding under SEBI regulations

·        An average annual turnover of more than Rs. 25,000 crore during the last 3 years

·        An average annual net worth of more than Rs. 15,000 crore during the last 3 years

·        An average annual net profit after tax of more than Rs. 5,000 crore during the last 3 years

·        Significant global presence or international operations

This information was given by Sh. Arun Yadav, Minister of State for Heavy Industries and Public Enterprises in reply to a written question in Rajya Sabha today.

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  SBS/RS