ISPRL Plans New Oil Reserve in Madhya Pradesh
OIL & GAS

ISPRL Plans New Oil Reserve in Madhya Pradesh

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.

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.

Next Story
Infrastructure Energy

Madhya Pradesh Targets 50 Per Cent Power From Renewable Sources

Madhya Pradesh is ramping up its green energy generation, aiming for renewable sources to account for 50 per cent of the state’s total power consumption, a senior official has announced.“Renewable energy cannot be ignored. Solar power is now a viable option, and we are committed to significantly enhancing green energy generation in Madhya Pradesh, targeting 50 per cent of total power consumption from renewable sources,” said Manu Srivastava, Additional Chief Secretary of Madhya Pradesh Urja Vikas Nigam, on Friday.Speaking at the inaugural session of the 8th GRIHA Regional Conclave in Bho..

Next Story
Infrastructure Transport

High-Speed Expressway to Cut Ayodhya–Varanasi Travel to Two Hours

Travel between Ayodhya and Varanasi is set to become faster and more convenient, as the National Highways Authority of India (NHAI) begins planning a nearly 200-km high-speed access-controlled expressway connecting the two cities. The tender process has been initiated to prepare the Detailed Project Report (DPR) for the project.Former MP Lallu Singh stated, “Upon completion, the distance from Ayodhya to Kashi can be covered in just two hours.” He added, “The expressway will connect to the Purvanchal Expressway, further enhancing connectivity from Ayodhya to Delhi.”The Ministry of Road ..

Next Story
Infrastructure Transport

Alignment Uncertainty Delays Kochi Bypass and NH 66 Projects

Plans to ease traffic in Kochi with the Edappally–Aroor elevated highway on NH 66 and the long-awaited Kochi bypass have faced fresh delays due to uncertainty over the alignment of NH 966B from Nettoor to Willingdon Island.Nettoor is poised to become a key junction, linking the Angamaly–Kundannoor bypass (NH 544), NH 966B, the proposed NH 66 elevated corridor, and the Theni–Kochi highway. However, disagreements on how these highways will intersect are slowing progress.Union Road Transport and Highways Minister Nitin Gadkari recently informed Parliament that the National Highways Authorit..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?