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Article: MRPL forays into fuel retailing, to enter ATF marketing space.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- January 13, 2008
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MRPL forays into fuel retailing, to enter ATF marketing space
Bangalore, Jan 13 (PTI) State-run Mangalore Refinery and Petrochemicals Ltd has marked its foray into the fuel retailing business and said it would enter the aviation turbine fuel (ATF) segment shortly.
The subsidiary of Oil and Natural Gas Corporation (ONGC) opened its first outlet in the country at Maddur in Mandya district on the Bangalore-Mysore highway last evening.
MRPL officials said plans are on to have 10-12 such outlets in Karnataka, Andhra Pradesh and Tamil Nadu over the next six months.
"Now there is an under-recovery. We don't want to go very aggressively," MRPL ...