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CEL facing disinvestment gets very good performance rating from DPE

The Government of India has given ‘very good’ rating to Central Electronics Limited, which has performed outstandingly well in the financial year 2020-21. This rating was given in the OM released by the Department of Public Enterprise, Ministry of Finance. The MoU Score of CEL is 75.55 o

By Whispers in the Corridors 1 min read

The Government of India has given ‘very good’ rating to Central Electronics Limited, which has performed outstandingly well in the financial year 2020-21. This rating was given in the OM released by the Department of Public Enterprise, Ministry of Finance. The MoU Score of CEL is 75.55 on a scale of 100. CEL is a profit earning PSU for many years. It is worth lauding that CEL has performed outstandingly well despite the Covid-19 pandemic which impacted business and manufacturing operations everywhere. The CEL is a pioneer in Solar Technologies, Railway Electronics, Electronic Ceramics and Microwave electronics.  Despite outstanding performance, the PSU has been put on sale by the Government of India.

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