Business Daily from THE HINDU group of publications Sunday, May 13, 2007 ePaper |
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Marketing
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Direct Marketing Web Extras - Petroleum MRPL may begin direct sale of ATF after Sept Our Bureau
Mangalore May 12 Mangalore Refinery and Petrochemicals Ltd (MRPL) is likely to begin the direct sale of ATF (aviation turbine fuel) to airlines after September. Addressing presspersons here on Saturday, Mr R. Rajamani, Managing Director, MRPL, said that the company is in discussion with various airlines in this regard, and the response is encouraging. The company has received the licence from the Chief Controller of Explosives for the construction of ATF refuellers. "After the delivery of refuellers during August or September this year, direct sale of ATF to various airlines will commence," he said. The company which has understanding with HPCL (Hindustan Petroleum Corporation Ltd) over sharing its infrastructure facilities will use the facilities, while marketing ATF also. Asked about the places where the ATF refuellers are going to be placed, Mr Rajamani said, "We have got an understanding with HPCL with regard to Bangalore, Goa and Kozhikode ." On the company's retail plans, Mr Rajamani said the company is cautiously proceeding with the setting up of retail outlets, and expects to commission 15 outlets by the end of the current financial year. Apart from Karnataka, Tamil Nadu and Andhra Pradesh will also get retail outlets. During 2006-07, the company's direct marketing sales stood at Rs 1,908 crore (Rs 1,411 crore). It recorded highest-ever refinery crude throughput at 12.54 million tonnes (12.12 mt). It has also recorded highest capacity utilisation (129 per cent) among all Indian refineries, he said. While welcoming the Karnataka Government's decision to reduce entry tax on crude from two per cent to one per cent, Mr Rajamani said, "We wanted the complete abolition of entry tax. We hope that by next year, the remaining one per cent will go. We have mentioned that it is illogical to have entry tax on crude which is brought from outside." Mr L.K. Gupta, Director (Finance), MRPL, was also present on the occasion.
During 2006-07, the company's direct marketing sales stood at Rs 1,908 crore (Rs 1,411 crore). It recorded highest-ever refinery crude throughput at 12.54 million tonnes (12.12 mt). It has also recorded highest capacity utilisation (129 per cent) among all Indian refineries, he said.
While welcoming the Karnataka Government's decision to reduce entry tax on crude from two per cent to one per cent, Mr Rajamani said, "We wanted the complete abolition of entry tax. We hope that by next year, the remaining one per cent will go. We have mentioned that it is illogical to have entry tax on crude which is brought from outside."
Mr L.K. Gupta, Director (Finance), MRPL, was also present on the occasion.
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