Current Date: 05 Nov, 2024

MRPL Launches New Fuel Marketing Terminal in Bengaluru

Mangalore Refinery and Petrochemicals Ltd (MRPL) has commissioned a new marketing terminal in Bengaluru, marking a strategic move to enhance fuel distribution efficiency in the region. This development is part of MRPL’s broader efforts to strengthen its supply chain and ensure the reliable availability of fuel across key markets in southern India.

The newly opened terminal is set to play a crucial role in the distribution of Aviation Turbine Fuel (ATF) by positioning it closer to major airports, including Bengaluru. This proximity will not only reduce transportation costs but also ensure a steady and timely supply of ATF to meet the growing demands of the aviation sector. With air travel increasing in the region, the terminal is expected to significantly contribute to MRPL's ability to serve the needs of airlines more effectively.

M Shyamprasad Kamath, Managing Director of MRPL, highlighted the significance of this new facility in advancing the company’s strategic goals. “This terminal is a key investment in our effort to provide high-quality fuel to our expanding customer base,” Kamath stated. He also emphasized that the terminal underscores MRPL’s commitment to energy security and its role in supporting the economic development of Bengaluru and the surrounding areas.

The establishment of this terminal is part of MRPL’s strategy to maximize revenue and value by expanding its retail network and aviation business. The facility is expected to enhance MRPL’s competitiveness in the fuel market, particularly in a rapidly developing region like Bengaluru, where demand for energy and fuel is on the rise.

Overall, the new marketing terminal is a significant addition to MRPL’s infrastructure, reinforcing its position as a leading player in the Indian oil and gas sector. By improving supply chain efficiencies and supporting regional growth, MRPL is well-positioned to capitalize on new opportunities in the energy market.

News by Rahul Yelligetti

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Source : Projxnews