+
Indian Oil Malkapur terminal likely to go on stream in 2023
OIL & GAS

Indian Oil Malkapur terminal likely to go on stream in 2023

With an investment of $6110 million, Indian Oil Corporation is building a petroleum terminal in Malkapur, close to Hyderabad, and it's expected to start operating in 2019.

The terminal is anticipated to provide Indian Oil power over Telangana's fuel supplies because it will serve as the terminus for the 1,212-km product pipeline from Paradip to Hyderabad. Executive Director and State Head of India Oil for Telangana and Andhra Pradesh B.Anil Kumar stated on Wednesday that "by December 2023, we will be able to commission the terminal... deliver our own product.

The $3.3 billion pipeline will transport gasoline and diesel from the public sector oil company's Paradip refinery in Odisha to Hyderabad, one of the key consumption zones, and connect Visakhapatnam, Vijayawada, and a few other places in Andhra Pradesh along the way.

Beginning this month, Vijayawada will begin receiving diesel supply via pipeline. In his first media interview since taking over as Executive Director in September, Mr. Anil Kumar stated, "The pipeline work has been finished and tankage work is ongoing in Malkapur." 0.180 million kiloliters of storage space will be available at the terminal.

The pipeline and terminal are anticipated to lessen Indian Oil's reliance on Hindustan Petroleum Corporation's Visakhapatnam-Hyderabad pipeline for fuel supplies in Telangana once they are operational. Indian Oil will also relocate the operations of its Cherlapally terminal, which is close to Hyderabad. But it's unlikely that the Cherlapally complex will be shut down, he continued.

In response to questions, he stated that Telangana's consumption of gasoline and diesel exceeded pre-COVID retail sales levels. In comparison to the same period last fiscal year, gasoline consumption from April through November increased by 13.2%. In the same time frame, retail diesel usage increased by 10.2%. Around 0.123 million tonnes of gasoline and 0.266 million tonnes of diesel are sold on a monthly average.

With an investment of $6110 million, Indian Oil Corporation is building a petroleum terminal in Malkapur, close to Hyderabad, and it's expected to start operating in 2019. The terminal is anticipated to provide Indian Oil power over Telangana's fuel supplies because it will serve as the terminus for the 1,212-km product pipeline from Paradip to Hyderabad. Executive Director and State Head of India Oil for Telangana and Andhra Pradesh B.Anil Kumar stated on Wednesday that by December 2023, we will be able to commission the terminal... deliver our own product. The $3.3 billion pipeline will transport gasoline and diesel from the public sector oil company's Paradip refinery in Odisha to Hyderabad, one of the key consumption zones, and connect Visakhapatnam, Vijayawada, and a few other places in Andhra Pradesh along the way. Beginning this month, Vijayawada will begin receiving diesel supply via pipeline. In his first media interview since taking over as Executive Director in September, Mr. Anil Kumar stated, The pipeline work has been finished and tankage work is ongoing in Malkapur. 0.180 million kiloliters of storage space will be available at the terminal. The pipeline and terminal are anticipated to lessen Indian Oil's reliance on Hindustan Petroleum Corporation's Visakhapatnam-Hyderabad pipeline for fuel supplies in Telangana once they are operational. Indian Oil will also relocate the operations of its Cherlapally terminal, which is close to Hyderabad. But it's unlikely that the Cherlapally complex will be shut down, he continued. In response to questions, he stated that Telangana's consumption of gasoline and diesel exceeded pre-COVID retail sales levels. In comparison to the same period last fiscal year, gasoline consumption from April through November increased by 13.2%. In the same time frame, retail diesel usage increased by 10.2%. Around 0.123 million tonnes of gasoline and 0.266 million tonnes of diesel are sold on a monthly average.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code