Date:25/01/2007 URL: http://www.thehindubusinessline.com/2007/01/25/stories/2007012503061300.htm

Back MRPL to set up three retail outlets

Our Bureau

Advertisement

Mangalore Jan. 24 Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to set up three retail outlets by end 2007.

Addressing newspersons here on Wednesday, Mr R. Rajamani, Managing Director of MRPL, said the company is finalising contracts for the construction activity for the retail outlets. The company will initially set up three prototype outlets at Kadri Hills in Mangalore, and Maddur and Hubli Bypass in Karnataka.

HPCL, which is a stakeholder in MRPL, has agreed to share its infrastructure for the venture. He said the arrangement between MRPL and HPCL would involve sharing infrastructure and products.

He said MRPL has received approval from the Union Ministry of Petroleum and Natural Gas for marketing ATF (aviation turbine fuel), and has also registered with the Airports Authority of India for such activity.