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MRPL signs MoU with Indian Oil and STC of Mauritius

03 Dec 2014 Evaluate

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.

Peers
Company Name CMP
Reliance Industries 1158.50
Indian Oil Corpn. 129.70
Bharat PetroleumCorp 287.00
HPCL 347.80
MRPL 172.95
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