MRPL commissions state-of-the-art marketing terminal at Bengaluru

https://psuwatch.com/ India 28-08-2024 Share MRPL commissions state-of-the-art marketing terminal at Bengaluru

According to MRPL, this facility will enhance the availability and distribution of petroleum products like petrol, diesel, and aviation turbine fuel, catering to the region's growing energy demands

New Delhi: In a significant boost to the energy infrastructure of Karnataka and adjoining states, State-owned Refiner Mangalore Refinery and Petrochemicals Limited (MRPL) on Tuesday announced the commissioning of its new, state-of-the-art Marketing Terminal in Bangalore. The facility aims to enhance the availability and distribution of Petroleum products like petrol, diesel, and aviation turbine fuel, catering to the region's growing energy demands.

The newly operational terminal is strategically located at Devangonthi in the eastern part of Bangalore. Equipped with the latest technology and adhering to the highest safety and environmental standards, this project is expected to be a shot in the arm for MRPL to meet its ambitious target of selling 1 Million Metric Tons of Fuel through the Retail path through its popular brand "MRPL HiQ Auto fuels". This terminal will also ensure cost-effective placement of ATF near the major airports, including Bengaluru.

Speaking on the occasion, MRPL's Managing Director Mundkur Shyamprasad Kamath expressed optimism about the terminal's impact. "This new terminal in Bangalore is a critical investment in our mission to provide reliable, high-quality fuel to meet the needs of a growing customer base. It underscores our commitment to ensuring energy security while supporting the region's economic development. We aspire to leverage this terminal to maximize revenue and value for the organization by expanding our retail network and aviation business in this rapidly developing region."

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