Top 10 Maharatna Companies in India – Welcome to Anicow.com! The Maharatna status is given to companies (PSU) which have high authority other than Navratna and Miniratna companies/PSU.

The authority is decided under some conditions like the company should have a turnover of 25000 crore INR or more for the last 3 years, it should have a net worth of 15000 crore INR or more for the last 3 years, it should have a net profit of 5000 crore INR annually after paying taxes, must have its presence at ISE (Indian Stock Exchange), and other factors.

There may be other deciding factors and conditions which changes over time. Here in this post I have listed the Top 10 Maharatna Companies in India.

Top 10 Maharatna Companies in India

1. Bharat Heavy Electricals Limited (BHEL)

BHEL is an Indian public sector manufacturing and engineering company with headquarters in Delhi, India. It is known for India’s largest power generation equipment manufacturer. It was established in 1964 and later in the year 1991 it was converted in a public company.

Some of the popular products of BHEL are Electric locomotives, boilers, gas turbines, steam turbines, switchgears, power electronics transmission systems, heat exchangers.

2. Oil and Natural Gas Corporation (ONGC)

ONGC is an Indian public sector multinational company which deals with gas and crude oil. It has been ranked as top Indian energy company. ONGC is under the ministry of Petroleum and Natural Gas. Its headquarters is in Delhi, India. Some of its products are LNG, Natural gas, petrochemicals, electricity, petroleum, Lubricants.

3. Steel Authority of India (SAIL)

SAIL is an Indian state owned steel manufacturing company in India. Its headquarters is in New Delhi. SAIL is a public sector undertaking company operated by Government of India. Its steel plants are located in all over India in different locations like Rourkela, Durgapur, Bhilai, Bokaro, Burnpur.

The company was founded on 19th January 1954. Some of its products are steel products, wire products, wheel and axle for Indian railways, Plates, flat and long steel products.

4. National Thermal Power Corporation (NTPC)

NTPC is an Indian Public sector undertaking largest power utility corporation. It was founded in the year of 1975 and its headquarters is in New Delhi, India. Some of the services of this corporation are electricity generation, distribution, natural gas exploration, production, transportation. Throughout the country it has many power stations of coal, hydro, wind, solar projects. It also has gas and coal stations.

5. Coal India Ltd. (CIL)

Coal India is an Indian Public sector company which deals with coal mining and refining. It was founded in the year 1975 and its headquarters is in Kolkata, WB, India. Its a largest coal producing company in the world and is listed in Indian Maharatna public sector undertaking. Coal India is also listed in BSE (Bombay stock exchange) and NSE (National stock exchange).

Coal India subsidiaries-

1. Western Coalfields Limited (WCL)
2. Central Coalfields Limited (CCL)
3. Mahanadi Coalfields Limited (MCL)
4. South Eastern Coalfields Limited (SECL)
5. Bharat Coking Coal Limited (BCCL)
6. Eastern Coalfields Limited (ECL)
7. Central Coalfields Limited (CCL)
8. Northern Coalfields Limited (NCL)
9. Central Mine Planning and Design Institute (CMPDI)

6. Gas Authority of India Ltd. (GAIL)

GAIL is an Indian public sector undertaking natural gas processing and distribution company with its headquarters in New Delhi, India. GAIL comes under the Ministry of Petroleum and Natural Gas. The company was founded in the year 1984.

Some of its products & services are Liquefied petroleum gas transmission, petrochemicals, liquid hydrocarbons, natural gas, electricity generation, city gas distribution, E&P exploration production.

7. Bharat Petroleum Corporation Limited (BPCL)

Its an Indian public sector oil and gas company in India with its headquarters in Mumbai, Maharashtra. The company is also listed in BSE and NSE. BPCL has many products like LNG, Petroleum, lubricants, natural gas, petrochemicals.

8. Indian Oil Corporation Ltd. (IOCL)

Its an Indian multinational oil and gas company under Petroleum and Natural Gas ministry. Its headquarters is in New Delhi. Its a public sector undertaking and also listed in the Fortune Global 500 list of companies. The company deals with products like natural gas, petroleum production, petrochemicals, renewable energy, refining, etc.

9. Power Grid Corporation of India Ltd. (POWERGRID)

The company was incorporated on 23 Oct 1989 under the Company Act, 1956. POWERGRID is a Schedule A – Maharatna public sector enterprise, Govt. of India. The company transmits approx. 50% of the total power generated in India on its network. The headquarters is located in Haryana. The company works with its three major products/services Transmission, Distribution and Energy trading.

10. Hindustan Petroleum Corporation Limited (HPCL)

HPCL commonly referred as HP, is a subsidiary of ONGC. The company is under Ministry of Petroleum and Natural gas, and also listed in Fortune Global 500 list of companies. HPCL headquarters is located in Mumbai. HPCL was first incorporated in 1974. The company has products like petroleum, natural gas, LNG (Liquefied natural gas), lubricants, petrochemicals, etc.

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