MRPL to open nine new outlets in Karnataka

Mangalore, May 12 (UNI) The Mangalore Refinery and Petro chemicals Limited (MRPL), subsdiry of ONGC, which posted a turnover of Rs 32,377 crore and a net profit of Rs 525 crore during last fiscal, had decided to go ahead with the investment of Rs 24,000 crore in the petro chemical complex in Mangalore SEZ.

Speaking to newspersons here company Managing Director R RAjamani said he hoped that the Karnataka government would move fast in helping approval of the SEZ by announcing a rehabilitation package in the lines of Nandigram.

Of the 15 outlets the company planned to open in the country by the year end, he said eight would come up in Karnataka. One each would come at Kadri Hills here, Maddur in Mandya district and Hubli By-pass. The work on three outlets was in progress while consultants have been appointed for the remaining outlets.

UNI