Mangaluru: Mangalore Refinery and Petrochemicals Ltd., (MRPL) won the title of ‘India’s Best PSU Award-2019’ in Dalal Street Investment Journal under the category of ‘Miniratna of the year: Manufacturing’ for the third consecutive time on December 29.
This award aims to recognize exemplary operations, systems and evidence of their impact to business vitality. It is an acknowledgement to MRPL’s recognition and appreciation of the contribution made by the company over the year 2019. The in-house operating techniques, troubleshooting ideas and eco-friendly practices for refining operations are enablers for MRPL to stand ahead of fellow Indian Refining companies.
MRPL is a Schedule ‘A’ Miniratna CPSE in the petroleum (Refinery & Marketing) cognate group under the administration of the Ministry of Petroleum and Natural Gas. MRPL is engaged in the business of refining of crude oil. It has three sets of primary units (Phase1, 2, & 3) at Mangaluru, Karnataka.
The company commenced an expansion plan for retail outlets in the state of Karnataka and Kerala and it is in the process of establishing its retail network in the refinery zone. Diesel produced at Mangaluru- based Petroleum refinery MRPL, has now started engines of all the KSRTC and BMTC buses that transport millions of passengers every day.