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Mangalore Refinery partially shuts down refinery complex process units

08 May 2019 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) has partially shut down Refinery Complex process units, considering the acute shortage of fresh water in the river Nethravathi, in absence of summer showers, as a force majeure.

MRPL is engaged in the business of refining crude oil. It offers high speed diesel oil, fuel oil and motor spirit. It operates as a subsidiary of Oil and Natural Gas Corporation.

Peers
Company Name CMP
Reliance Industries 1174.35
Indian Oil Corpn. 126.55
Bharat PetroleumCorp 285.85
HPCL 329.25
MRPL 173.40
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