MRPL forays into fuel retail, to enter ATF marketing

Bangalore: Mangalore Refinery and Petrochemicals Ltd has forayed into the fuel retailing business and said it would enter the aviation turbine fuel (ATF) segment shortly.
The subsidiary of Oil and Natural Gas Corporation opened its first outlet in the country at Maddur in the neighbouring Mandya district on the Bangalore-Mysore highway on Saturday evening.
Rajamani said MRPL would foray into the ATF marketing space.
"We are presently talking to two airlines. Hopefully, in one or two months, well will conclude the agreement.
Draft agreements are being exchanged", he said. "We are going to supply (ATF) in BIAL (Bangalore International Airport Limited) and Hyderabad airport".
Rajamani also said MRPL has submitted bids to supply ATF at some of the 8-9 airports for which Air India-Indian had floated a tender.
13/01/08 PTI/Economic Times

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Categories: Indian Aviation- In General Jan 2008