MRPL to open 257 retail outlets in India over the next few years

Mangalore Refinery and Petrochemicals Limited Managing Director M Venkatesh revealed that the company plans to open 257 retail outlets across Karnataka and Kerala in the next few years in order to expand its retail presence.

Addressing a press meeting, he said of the 257, 190 will come up in Karnataka and the rest in North Kerala. At present, MRPL has just seven retail outlets.

Further, he said MRPL is gearing up for the roll out of BS-VI fuels under the auto fuel policy. MRPL’s BS-VI project is being executed at a cost of Rs 1,810 crore and is expected to be commissioned in February 2020.