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Report of the Comptroller and Auditor General of India for the year ended 31 March 2024 Union Government (Commercial) No. 39 of 2025 (Compliance Audit Observations)

CAG closed 2025
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What did the audit examine?

The audit examined Central Public Sector Enterprises (CPSEs) under the Ministry of Coal, Ministry of Petroleum and Natural Gas, and Ministry of Power for the year ended 31 March 2024.

Who / what it concerns

Ministry of Coal, Ministry of Petroleum and Natural Gas, Ministry of Power

What the auditor found

  • Avoidable expenditure of ₹21.22 crore due to violation of Forest Regulations by Central Coalfields Limited
  • Infructuous expenditure of ₹300.15 crore due to discontinuation of Polyol project by Bharat Petroleum Corporation Limited
  • Infructuous investment of ₹77.36 crore by Indian Oil Corporation Limited
  • Idle investment of ₹8.22 crore by Indian Oil Corporation Limited
  • Irrecoverable loss of ₹6.58 crore on account of non-recovery of advances by Instrumentation Limited
Source bodyComptroller & Auditor General of India (CAG) — audit reports
Reference number
Statusclosed (section: audit_report)
Year2025
Closing date
Documents1

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Documents

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Audit_report 2025 125046-Report-of-the-Comptroller-and-Auditor-General-of-India-for-the-year-en.pdf
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