Mangaluru : In a landmark move, Mangalore Refinery and Petrochemicals Limited (MRPL) has entered a strategic partnership with Indian Strategic Petroleum Reserves Limited (ISPRL). This partnership entails MRPL leasing storage capacity from ISPRL’s caverns, marking a significant milestone for both organizations.
The agreement was formally signed today at the MRPL office in Mangaluru by Shri B. Sudharshan, Executive Director Refinery (MRPL), and Shri Atul Gupta, Deputy CEO (ISPRL), in the august presence of Shri Mundkur Shyamprasad Kamath, MD (MRPL), and Shri L. R. Jain, CEO & MD (ISPRL). This collaboration underscores a shared vision to drive mutual growth and contribute to national energy security. Speaking on the occasion, Shri Mundkur Shyamprasad Kamath expressed his heartfelt gratitude to all contributors who made this partnership possible. He highlighted that the agreement would enable MRPL to enhance its crude oil storage.
