MECL has been conferred with ‘MOU Excellence Award’ for the “Best Turn Around Central Public Sector Enterprise”. This award has been instituted by Ministry of Heavy Industries & Public Enterprises, Government of India.
The MoU rating of the company during 2005-06 & 2006-07 has been ‘Excellent and is expected to be Excellent in 2007-08” also
The Institute of Economic Studies (IES) New Delhi has conferred the “Udyog Rattan Award” on CMD, MECL and the “Excellence Award” to MECL during a seminar on Economic Studies held at New Delhi.