Mangalore Refinery and Petrochemicals Ltd (MRPL)
Mangalore Refinery and Petrochemicals Ltd. (MRPL), an ONGC group company, and a ‘Mini Ratna 1’ is nestled in the lush green glades of Dakshina Kannada District in Mangalore, strategically located on the West Coast of South India, close to Middle East & Far East crude and product markets. Originally started as a joint venture company promoted by Hindustan Petroleum Corporation Ltd. (HPCL) and the Aditya Birla Group (ABG), MRPL got its lifeline once the ABG share holding was taken over by Oil and Natural Gas Corporation Ltd. (ONGC) in 2003. The company turned around and has not looked back since notching benchmarks in the Indian Oil Industry, on production, turnover, capacity utilization, safety performance, energy consumption, environment, project implementation and quality management processes.
MRPL’s Refining Capacity is around 8 % of India’s total Refining capacity as on 1-04-2012. Equipped with state-of-art technologies, a motivated task force and enhanced capacity of 15 MMTPA with a Refinery complexity of around 9.5, MRPL is well placed globally, to compete with the peers in the Refining Industry. With addition of value added products to its product portfolio post commissioning of the expansion project, MRPL is now focused on setting global benchmarks. The Refinery’s Expansion and up gradation project with an investment of around Rs 15,000 Cr (USD 3 Billion) will improve the Refining margins significantly, bringing value to all its stake holders. To know more about MRPL, log in to www.mrpl.co.in