Business Daily from THE HINDU group of publications
Thursday, Jan 25, 2007
ePaper
Business Daily from THE HINDU group of publications Thursday, Jan 25, 2007 ePaper |
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Corporate
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Announcements Marketing - Retailing MRPL to set up three retail outlets Our Bureau
Addressing newspersons here on Wednesday, Mr R. Rajamani, Managing Director of MRPL, said the company is finalising contracts for the construction activity for the retail outlets. The company will initially set up three prototype outlets at Kadri Hills in Mangalore, and Maddur and Hubli Bypass in Karnataka. HPCL, which is a stakeholder in MRPL, has agreed to share its infrastructure for the venture. He said the arrangement between MRPL and HPCL would involve sharing infrastructure and products. He said MRPL has received approval from the Union Ministry of Petroleum and Natural Gas for marketing ATF (aviation turbine fuel), and has also registered with the Airports Authority of India for such activity.
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