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MRPL Achieves a milestone by commissioning 25th Hi-Q Retail Outlet

Ministry of Petroleum and Natural Gas (MOP&NG)

September 16, 2021 to November 18, 2021

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Over the years, the Retail marketing of the Petroleum business in India has been one of the most dynamic and fast-paced. Subsequent to the opening of markets after dismantling ofAdministered Pricing Mechanism (APM) in the year 2002 Government had eased doing RetailMarketing transportation fuel business. Private and international players entered the Retail Marketing of transportation fuel business. They made all-out efforts to gather their share of the pie in this very capital & infrastructure intensive and competitive market by having their own USPs in their retail outlets. The year 2005 onwards marked a phase of growth and stabilization where large corporates like Reliance, ESSAR, Shell etc., entered and grewtheir Retail Business. Retail becamethe ‘Buzzword’ in Oil and GasIndustry. The petroleum industrysaw many ups and downs due tothe high volatility in international crude prices, and there was a situation wherein Governmentintervention was required for controlling the Retail prices of petroleum products. It was themost challenging time, and all the Private players had to slow down, and there was a timewhen many reputed companies started to close down their Retail business as there was nopportunity to grow and compete in this sector.Against this backdrop, coupled with day to day disruptions, MRPL, with the backing of ONGC,entered the Retail marketing segment with the establishment of its first retail outlet in the year2005 at Cargo Gate. Later, retail outlets were commissioned at Maddur in the year 2008, Hubliin the year 2009 and at Kadri in the year 2014.In 2017, MRPL, with full vigour and enthusiasm, repositioned itself with its Brand andentered this highly competitive market. With the concept of brand image and higher eye
visualization, futuristic outlook, fitted with latest technology equipment and salesrooms, RetailOutlets started coming up in various locations in the States of Karnataka and Kerala.Thereafter MRPL’s true journey into Retailing had begun. MRPL’s state of the art CompanyOwned Company Operated (COCO) retail outlet with huge parking space and facilities forruckers was inaugurated in 2017, followed by the first Dealer Owned Dealer Operated(DODO) at Mandya in the year 2018. Also, the first Corpus Fund Scheme (CFS) retail outlet wascommissioned in the year 2019 at Gubbi in Tumkur District.In the year 2020, when theworld and humanity were facing one of the largest pandemics andcatastrophes in the form of COVID-19, MRPL too faced its toughest challenges from all fronts.Despite all these challenges, Team MRPL has commissioned 18 new retail outlets in the last 12months at various locations in Bangalore and Mangalore Regions. 31st March 2021 marked yet another milestone with the commissioning of MRPL’s first Retail Outlet in Kerala at KoolimadJunction near Kozhikode. This outlet was well received by the public, who expect MRPL to setup many more such retail outlets in Kerala.Despite the continuing threat of Covid -19, second wave Team MRPL have overcome all thechallenges and commissioned record 25 retail outlets to date.From a very humble beginning a few years back, Team MRPL is proud to showcase its 25th ROcommissioned on 23rd August 2021 at Mandarthi, Udupi District.Outlet Name Date ofCommissioning Location
1HIQ, Cargo gate Cargo gate, Mangalore21.03.2005
2.Manjunath Fuel Station Maddur, Mandya 31.3.2008
3 Basava Fuels Hubli, Dharwad1.1.2009
 4. HIQ, Kadri 4.11.2014 Kadri, Mangalore
5. HIQ, Panambur 27.2.2018 Panambur, Mangalore
6. KTR Fuel Station 25.3.2018 Mandya
7. Manya Fuel Station 25.2.2019 Gubbi, Tumkur
8. S.P. Petroleum 27.8.2020 Ramnagar, Mandya
9. Sai Samruddhi Fuel Park 29-Oct-20 Attibele, Bengaluru
10. Ratna Enterprises 27.11.2020 Perabe,Dakshin Kannada
11. Chowdeshwari Fuels 11-Jan-21 Holaluru, Shimoga
12. Siddaganga Fuels 28-Jan-21 Sampige, Tumkur
13. Kateeleshwari Fuels 30-Jan-21 Yekkar,Dakshin kannada
14. Sri Krishna Fuel station 16-Feb-21 Dendoor katte, Udupi
15. Brundavana Fuel Station 24.3.2021 RR Nagar, Bengaluru
16. R R Petroleum 25.3.2021 Gottigere, Bengaluru
17. GBI Fuels 29.2.2021 Kattihosahalli Blr Rural
18. Parayangath Fuels 31.3.2021 Koolimad Jn, Kozhikode
19. Kantheshwara Fuels 21.4.2021 Moodbidri, Mangalore
20. Dream fuel junction 7.5.2021 Bengaluru
21. Shreyas HiQ fuel park 14.5.2021 Kana, Mangalore
22. St. Joseph fuels 22.7.2021 Belman, Dakshin Kannada
23 Sri Vrushabendra fuels  Hemanahalli, Mandya 23.7.2021
24 Sri Venkateshwara Fuels   Pandavapura, Mandya 28.7.2021
25. Mandarthi Fuel Point  Mandarthi, Udupi district 25.8.2021


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