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- Q6748719 subject Q15254889.
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- Q6748719 abstract "Mangalore Refinery and Petrochemicals Limited (MRPL), is an oil refinery at Mangalore and is a subsidiary of ONGC, set up in 1988. The refinery is located at Katipalla, north from centre of Mangalore city. The refinery was established after displacing five villages of Bala, Kalavar, Kuthetoor, Katipalla, and Adyapadi.The refinery has a versatile design with high flexibility to process crudes of various API gravity and with high degree of automation. MRPL has a design capacity to process 15 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing premium diesel (high cetane).It also has a Polypropylene unit with a capacity of 4,40,000 MT/annum. It is also the only refinery in India to have two CCRs producing unleaded petrol of high octane. Currently, the refinery is processing about 14.65 million tonnes of crude per year and had a turnover of US$ 9 billion during last year. MRPL, which was a joint sector company, become a PSU subsequent on acquisition of its majority shares by ONGC. As on 1 April 2007, 71.62% shares are held by ONGC, 16.95% shares are held by HPCL, and remaining shares are with public and financial institutions. MRPL has also been declared as Miniratna, a mini jewel, by Government of India in 2007. Before acquisition by ONGC in March 2003, MRPL was a joint venture oil refinery promoted by M/s Hindustan Petroleum Corporation Limited (HPCL), a public sector company and M/s IRIL & associates (AV Birla Group). MRPL was set up in 1988 with the initial processing capacity of 3.0 million metric tonnes per annum that was later expanded to the present capacity of 15 million metric tonnes per annum. The refinery was conceived to maximise middle distillates, with capability to process light to heavy and sour to sweet crudes with 24 to 46 API gravity. On 28 March 2003, ONGC acquired the total shareholding of A.V. Birla Group and further infused equity capital of Rs.6 billion thus making MRPL a majority-held subsidiary of ONGC. The lenders also agreed to the debt restructuring package (DRP) proposed by ONGC, which included, inter alia, conversion up to Rs36554884 core of their loans into equity. Subsequently, ONGC has acquired equity allotted to the lenders pursuant to DRP raising ONGC's holding in MRPL to 71.62 percent.".
- Q6748719 foundingYear "1988".
- Q6748719 industry Q12748.
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- Q6748719 type Q270791.
- Q6748719 wikiPageExternalLink www.mrpl.co.in.
- Q6748719 wikiPageExternalLink 20000-youths-to-benefit-from-plastic-and-polymer-park-in-mangaluru.
- Q6748719 wikiPageExternalLink www.mrpl.co.in.
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- Q6748719 foundation "1988".
- Q6748719 homepage www.mrpl.co.in.
- Q6748719 industry Q12748.
- Q6748719 keyPeople "D K Sharaff , H.Kumar".
- Q6748719 location Q1185.
- Q6748719 location Q127041.
- Q6748719 name "Mangalore Refinery & Petrochemicals Ltd.".
- Q6748719 name "मैंगलोर रिफाइनरी एंड पेट्रोकेमिकल्स लिमिटेड".
- Q6748719 name "ಮಂಗಳೂರು ರಿಫೈನರಿ ಮತ್ತು ಪೆಟ್ರೋಕೆಮಿಕಲ್ಸ್ ಲಿಮಿಟೆಡ್".
- Q6748719 parent Q1430541.
- Q6748719 products "Petroleum, Petrochemicals and Natural gas".
- Q6748719 type Q270791.
- Q6748719 type "Public company".
- Q6748719 type Organization.
- Q6748719 type Agent.
- Q6748719 type Company.
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- Q6748719 type Agent.
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- Q6748719 comment "Mangalore Refinery and Petrochemicals Limited (MRPL), is an oil refinery at Mangalore and is a subsidiary of ONGC, set up in 1988. The refinery is located at Katipalla, north from centre of Mangalore city. The refinery was established after displacing five villages of Bala, Kalavar, Kuthetoor, Katipalla, and Adyapadi.The refinery has a versatile design with high flexibility to process crudes of various API gravity and with high degree of automation.".
- Q6748719 label "Mangalore Refinery and Petrochemicals Limited".
- Q6748719 homepage www.mrpl.co.in.
- Q6748719 name "Mangalore Refinery & Petrochemicals Ltd.".
- Q6748719 name "मैंगलोर रिफाइनरी एंड पेट्रोकेमिकल्स लिमिटेड".
- Q6748719 name "ಮಂಗಳೂರು ರಿಫೈನರಿ ಮತ್ತು ಪೆಟ್ರೋಕೆಮಿಕಲ್ಸ್ ಲಿಮಿಟೆಡ್".