MRPL, Shell JV to sell aviation fuel

Mangalore Refinery and Petrochemicals (MRPL) and Shell Aviation have entered into an exclusive joint venture to market and supply aviation fuel at the Bangalore and Hyderabad airports. The service will later be expanded to other airports.

The companies will provide complementary services and strengths to the joint venture. They will offer a co-branded global refuelling offer to both the Indian and international airlines. The agreement will become effective soon.

P Rajamani, managing director, MRPL, said: "The aviation sector is growing at a frantic pace. MRPL has large production of international quality aviation fuel, which can meet the rapidly growing Indian demand. The JV between MRPL and Shell in the aviation field will offer the best quality standards and technical service to domestic and international airlines."

L K Gupta, director (Finance), MRPL, said: "MRPL and Shell bring in significant value to the JV, which will ultimately benefit the customers. This JV will also put MRPL on an international level by supplying aviation fuel in India to foreign airlines on  the one hand, and, on the other, by contracting fuel supply for Indian carriers when they fly abroad."