MRPL Declares Force Majeure On Gasoline Exports

09 Mar 2026 CW Team

Mangalore Refinery and Petrochemicals (MRPL) declared force majeure on all gasoline export cargoes for March and April as conflict in the Middle East disrupted crude flows from the Gulf. Two traders who deal with the company said they received a notice confirming the invocation of force majeure for gasoline shipments. The state-run refiner operates a 500,000 barrel per day refinery in Karnataka and exports about 40 per cent of its refined fuel output.

Shipping through the Strait of Hormuz, which carries around one fifth of the oil consumed globally, has virtually stopped after vessels in the area were hit following attacks and retaliatory strikes, leaving energy trade flows in disarray. The disruption has prompted Indian refiners to reassess supply routes and seek alternative crude and fuel sources to maintain refinery runs. India sources about 40 per cent of its crude needs from the Middle East in addition to spot purchases and domestic oil processing.

A government source said India is scouting for alternative imports of crude oil, liquefied petroleum gas and liquefied natural gas, and that refiners and authorities are monitoring inventories closely. The source added that refiners had previously explored purchases from Venezuela after some refiners halted Russian oil imports to comply with Western sanctions. India holds sufficient crude inventories to meet demand for about 25 days and refiners maintain around a 25 day stock of gasoil, gasoline and liquefied petroleum gas.

Market participants said the force majeure notice is likely to affect regional gasoline availability and could add to near term price volatility, while shipping firms and traders reassess routing and scheduling. MRPL did not immediately respond to requests for comment but an industry source confirmed the move. Authorities and refiners continue to evaluate options to secure supplies and mitigate disruptions to fuel markets.

Infrastructure Energy

09 Mar 2026

Jyoti Structures Commissions 400 kV Line In Karnataka

Jyoti Structures (JSL) has completed and commissioned the 400 kV Gadag–II transmission line project for ReNew Power in Karnataka. The project includes 100 circuit kilometres of twin HTLS transmission lines connecting Gadag Power Station and Koppal Power Station. The transmission line passes through Gadag and Koppal districts, where the project team addressed challenging terrain, right-of-way constraints and difficult soil conditions, including stretches of black cotton soil. The project forms part of the Interstate Transmission System developed to evacuate renewable energy from the Koppal ..

Mindspace EcoRun 2.0 Draws 4,000 Runners

Over 4,000 participants took part in the Mindspace EcoRun 2.0 at Mindspace Airoli East, Navi Mumbai, combining fitness with sustainability awareness. Organised by Mindspace REIT in association with Mirchi, the second edition attracted runners, families, corporate teams and amateur athletes from across the city. The event featured 5 km, 10 km and 21 km race categories. The half marathon and 10 km races were open to participants aged 18 and above, while the 5 km run included runners aged eight years and above. Actress Daisy Shah flagged off the 10 km run, while actors Medha Shankr and Avinash T..

Powerplay Expands Software Linked Credit To Hyderabad

Construction management platform Powerplay has expanded its software-enabled, procurement-linked credit solution to Hyderabad, integrating financing into the daily workflows of builders and contractors as construction activity in the city accelerates. The expansion comes amid strong growth in Telangana’s construction sector, which recorded nearly 12 per cent growth in 2025 and contributed around Rs 800 billion to the regional economy, according to industry estimates. Powerplay currently supports more than 2,000 construction projects in and around Hyderabad through its platform. These proje..