MRPL plans to roll out 500 fuel outlets

Mangalore Refinery & Petrochemicals Ltd (MRPL) is planning to open 500 retail fuel outlets in southern India after the government decided to de-regulate petrol prices in the country. The company, which is a subsidiary of Oil and Natural Gas Corporation, currently operates one petrol pump and its focused regions are Karnataka, Kerala, Tamil Nadu and Goa for setting up the new retail outlets. The new MRPL fuel outlets will ignite a new business opportunity to those signage players including PSPs, sign suppliers, fabricators and others engaged largely in the sector.