ISPRL Plans New Oil Reserve in Madhya Pradesh

09 Jan 2025 CW Team

The Indian Strategic Petroleum Reserves (ISPRL), a state-owned entity, is considering the establishment of a new strategic reserve in Madhya Pradesh to support refineries in northern India during supply emergencies.

ISPRL has tasked Engineers India Limited (EIL) with conducting a “pre-feasibility study” to explore the possibility of setting up a strategic crude oil reserve at Bina in Madhya Pradesh.

According to an official familiar with the plans, the location is strategic due to its proximity to inland refineries, unlike other existing reserves, which are located near the coast. The EIL study is expected to be completed within the next 3-4 months.

Currently, India’s operational strategic petroleum reserves (SPRs) are situated at Visakhapatnam in Andhra Pradesh, and Mangaluru and Padur in Karnataka, with a combined capacity of 5.3 million tonnes. Further expansion is underway, with plans for reserves totalling 6.5 million tonnes at Padur and Odisha’s Chandikhol.

SPR facilities are essential to maintaining a steady supply of crude oil to refineries, particularly as India’s domestic consumption of petroleum products continues to rise. The country’s strategic reserves remain limited, making the expansion of capacity crucial for meeting emergency requirements. Comparatively, the reserves in the US and China are considerably larger.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..