NRL and Indianoil Petronas Private Limited (IPPL) signed a Sale-Purchase Agreement
NRL and Indianoil Petronas Pvt Ltd signed a fuel supply deal for MS and HSD retail expansion in North-East India.
NRL to supply MS and HSD to IPPL for new retail outlets in North-East India
NRL and Indianoil Petronas Private Limited (IPPL) signed a Sale-Purchase Agreement on 30th June 2025 for the supply of Motor Spirit (MS) and High-Speed Diesel (HSD) by NRL to IPPL for its upcoming retail outlets.
The agreement was formally signed by Mr. R.M.W Khongwir, Chief General Manager (Marketing), NRL, and Mr. Pankaj Kumar, Chief Executive Officer, IPPL, in the presence of senior executives from both organizations.
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Indianoil Petronas Private Limited (IPPL) is a joint venture company promoted by two FORTUNE 500 oil majors — IndianOil Corporation Limited (IOCL) and Petroliam Nasional Berhad (PETRONAS), Malaysia. Established in August 1997 and incorporated on 3rd December 1998 under the aegis of the Ministry of Petroleum and Natural Gas, Government of India, IPPL represents a strategic collaboration between the two energy giants, with equal equity participation.
Already a leading and parallel marketer of Propane, Butane, and LPG in India, IPPL is now expanding its footprint in the fuel retail sector by gearing up to market MS and HSD through retail outlets in North-East India.
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