MANGALORE REFINERY AND PETROCHEMICALS LIMITED
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| MANGALORE REFINERY AND PETROCHEMICALS LIMITED |
Mangalore Refinery and Petrochemicals Limited (MRPL) was a joint venture Oil Refinery promoted by Hindustan Petroleum Corporation Limited (HPCL), a public sector company and Messers Indian Rayon and industries limited (IRIL) (AV Birla Group). MRPL was set up in 1988 with the initial processing capacity of 3.69 MMTPA that was later expanded to the present capacity of 15.0 MMTPA. On March 28, 2003, ONGC acquired the total shareholding of A.V. Birla Group and further infused equity capital of INR 600 crores thus making MRPL a majority held subsidiary of ONGC. Its olive-green logo is an adoption of the ONGC logo with its acronym in Devanagari and English placed at the bottom of the ONGC logo.
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