Mangalore Refinery and Petrochemicals (MRPL) has signed a memorandum of understanding (MoU) with Indian Oil and State Trading Corporation (STC) of Mauritius for preparing a draft feasibility report on setting up a petroleum terminal in Mauritius. The company signed the MoU as a part of ongoing business development activity.
MRPL, a schedule ‘A’ CPSE and a subsidiary of ONGC is a State of Art Grassroot Refinery located in a beautiful hilly terrain, north of Mangalore city, in Dakshin Kannada region.