MRPL is set to expand its retail fuel outlets. To have 500 outlets by 2025

MRPL is set to expand its retail fuel outlets. To have 500 outlets by 2025

Mangalore Today News Network

Mangaluru, Jan 14, 2023: The Mangalore Refinery and Petrochemicals Limited (MRPL) has plans to expand its retail fuel outlets in South India and will have 500 outlets by 2025, MRPL Executive Director (Marketing and Projects) B.H.V. Prasad said here on Friday, Jan 13, 2022.

 

 

 

 

Mr. Prasad said the 500 MRPL HiQ outlets will be set up in Karnataka, Kerala, Andhra Pradesh and Tamil Nadu. “Our focus is on having more of dealer-owned, dealer-operated outlets,” he said.

M. Venkatesh, Managing Director said MRPL processes about 7% of 250 million tonnes of crude oil processed in the refineries in the county. It produces 135 Mega Watt of power necessary to run the refinery. While majority of the power is generated using oil and natural gas, six Mega Watt of power is generated using solar systems, he said.

MRPL is awaiting an environmental clearance for its second generation ethanol plant in Harihara in Davangere district said M Venkatesh. The project will be implemented at an estimated cost of about Rs 1,000 crore. Land has been acquired for the project, and the plant is expected to be commissioned in 2025.

‘’The project is aimed at producing 60,000 litres of ethanol per day. The feedstocks for the plant will be based on agro residues, like corn cob, cotton stalk and so on. This will also reduce import dependence and accelerate the promotion of biofuels. Apart from helping to reduce the greenhouse gas emission, it will also provide income to farmers,’’ Venkatesh said during an
interaction with reporters on Friday.

‘’The National Policy on Biofuels 2018 is aimed at the accelerated promotion of biofuels with the indicative targets of achieving 20% blending in petrol and 5% blending in diesel by 2030. The public sector oil marketing companies have attained an average 10% ethanol blending in petrol across the country,’’ the MD explained.

 Phase four expansion

With the government’s push for electric vehicles and those run by natural gas, the MRPL is mulling over focusing more on petrochemicals than fuel when phase-four expansion becomes a reality, he said.

The land acquisition process has been initiated for the phase four of the expansion of refinery, he said.

About 850 acres for the refinery will be acquired in Permude and Kuthethur areas. As many as 120 acres of land for developing the rehabilitation colony in Muloor-Kandavara will be taken up, Venkatesh added.