Question
What is the capacity of India’s first private-sector
Strategic Petroleum Reserve (SPR) being developed by MEIL at Padur, Karnataka?Solution
MEIL is developing India’s first private SPR with a capacity of 2.5 million metric tonnes (MMT) at Padur, Karnataka. The project cost is ₹5,700 crore, with crude filling cost at ₹11,020 crore. SPRs boost India’s energy security, which currently covers only 8–9 days of oil demand.
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