diff --git a/ci/environment_lfortran_mpich.yml b/ci/environment_lfortran_mpich.yml
index 0d6665f..8e87802 100644
--- a/ci/environment_lfortran_mpich.yml
+++ b/ci/environment_lfortran_mpich.yml
@@ -2,5 +2,5 @@ name: c_mpich_lfortran_env
 channels:
   - conda-forge
 dependencies:
-  - lfortran=0.49.0
+  - lfortran=0.50.0
   - mpich=4.3.0
diff --git a/ci/environment_lfortran_openmpi.yml b/ci/environment_lfortran_openmpi.yml
index 5ed0b95..0b5cffd 100644
--- a/ci/environment_lfortran_openmpi.yml
+++ b/ci/environment_lfortran_openmpi.yml
@@ -2,5 +2,5 @@ name: c_openmpi_lfortran_env
 channels:
   - conda-forge
 dependencies:
-  - lfortran=0.49.0
+  - lfortran=0.50.0
   - openmpi=5.0.6