IREL receives ‘Excellent’ MoU rating for FY 2021-22

New Delhi: IREL (India) Limited, a PSU under the aegis of the Department of Atomic Energy, has received "Excellent" MoU rating for the financial year FY 2021-22, a feat achieved by the company for the 5th successive year.

Congratulating the stakeholders and employees on this significant achievement, IREL (India) Limited's Chairman & Managing Director (CMD) D Singh thanked all the stakeholders for their continued support and encouraged the employees to focus on continual improvement based on an innovative approach for the growth of the company.

IREL is a profit-making CPSE since 1997-98 with its sales turnover reaching a peak exceeding Rs.14625 million in 2021-22, with an export component of about Rs.7000 million. It is engaged in mining and separation of atomic minerals in southern part of the country at Chavara, Kerala and the other at Manavalakurichi (MK), Tamilnadu.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)