Intimation of Landmark Achievement in Crude Processing
Awaiting price reaction for this filing.
MRPL, a subsidiary of ONGC, has recorded its highest-ever crude processing throughput, surpassing 18 MMTPA (Million Metric Tonnes Per Annum). The refinery was operated at 120% of its design capacity, which is well above the original planned limit. This represents a significant operational milestone for the company, reflecting strong capacity utilization and efficient plant performance. The achievement was reported on April 1, 2025, to both BSE and NSE.
This is a positive operational update that signals strong plant efficiency and demand for MRPL's refining capacity, which could support better margins and earnings in the near term. For shareholders, it highlights the company's ability to extract more value from existing assets without major capex.