mangalore refinery & petrochemicals ltd. type state owned enterprise public company traded as bse 500109 nse mrpl industry oil and gas founded 1988 headquarters mangalore karnataka india key people d k sharaff chairman h.kumar md products petroleum petrochemicals and natural gas revenue 572.07 billion us 8.5 billion 2012 1 net income 9.09 billion us 140 million 2012 parent ongc website www.mrpl.co.in 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 . see also edit list of oil refineries in india references edit http www.bseindia.com bseplus stockreach advancestockreach.aspx scripcode 500109 2 . http newskarnataka.com mangalore 20000 youths to benefit from plastic and polymer park in mangaluru external links edit official website of the mrpl v t e public sector undertakings in india list maharatna bharat heavy electricals coal india gas authority of india indian oil corporation national thermal power corporation oil and natural gas corporation steel authority of india navratna bharat electronics bharat petroleum corporation container corporation of india engineers india hindustan aeronautics hindustan petroleum corporation mahanagar telephone nigam national aluminium company national buildings construction corporation national mineral development corporation neyveli lignite corporation oil india power finance corporation power grid corporation of india rashtriya ispat nigam rural electrification corporation shipping corporation of india miniratna i airports authority of india antrix corporation balmer lawrie bharat coking coal bharat dynamics bharat earth movers bharat sanchar nigam bridge & roof company india central warehousing corporation central coalfields chennai petroleum corporation cochin shipyard dredging corporation of india kamarajar port garden reach shipbuilders and engineers goa shipyard hindustan copper hindustan newsprint hindustan paper corporation hll lifecare housing and urban development corporation indian railway catering and tourism corporation indian rare earths indian renewable energy development agency ircon international india tourism development corporation india trade promotion organisation kudremukh iron ore company mazagaon dock mahanadi coalfields mangalore refinery and petrochemical mishra dhatu nigam metals and minerals trading corporation of india moil mstc national fertilizers national seeds corporation nathpa jhakri dam national hydroelectric power corporation north eastern electric power corporation northern coalfields numaligarh refinery oil and natural gas corporation pawan hans projects and development india rail vikas nigam railtel corporation of india rashtriya chemicals & fertilizers rites security printing and minting corporation of india south eastern coalfields state trading corporation of india telecommunications consultants india thdc india water and power consultancy services western coalfields miniratna ii bharat pumps & compressors broadcast engineering consultants india central mine planning and design institute central railside warehouse company educational consultants india engineering projects india ltd. fci aravali gypsum and minerals india ferro scrap nigam hmt international hscc india indian medicines and pharmaceuticals corporation mecon mineral exploration corporation national film development corporation of india national small industries corporation pec rajasthan electronics and instruments information updated as of 26 october 2014 by ministry of heavy industries and public enterprises india see also public sector banks in india retrieved from https en.wikipedia.org w index.php title mangalore refinery and petrochemicals limited & oldid 744573155 categories government owned companies of indiapublic sector in indiaoil and gas companies of indiaoil refineries in indiaeconomy of mangalorecompanies based in karnatakaenergy in karnatakaoil and natural gas corporationpetrochemical companies of indianon renewable resource companies established in 19881988 establishments in indiahidden categories use british english from march 2013use dmy dates from march 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 16 october 2016 at 03 29 . text is available under the creative commons attribution 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