MoU “Excellent” Rating awarded to REIL by DPE
The Department of Public Enterprises, Government of India has awarded MoU “Excellent” rating for overall performance in the year 2014-15. REIL is the only CPSE under the Department of Heavy Industry, MoHI&PE, Government of India to receive MoU rating as “Excellent”.
REIL signs a Memorandum of Understanding (MoU) every year with the Department of Heavy Industry. The Company has received MoU “Excellent” rating on achieving the MoU targets. The targets were set covering various parameters with regards to financial as well as non financial areas such as turnover, profitability, research & development, human resource development, capacity addition, production etc. The company has been receiving “Excellent” MoU rating consistently for last five years.
On this occasion Shri A.K. Jain, Managing Director, REIL acknowledged the support and guidance from The Ministry of Heavy Industries and Public Enterprises, Government of India and Government of Rajasthan. Shri Jain told that it is result of dedicated team effort of employees, patronage of customers and 60 million beneficiaries across the country.