Question
Which company has secured the bid for India’s first
private strategic petroleum reserve (SPR) at Padur, Karnataka?ÂSolution
MEIL won the bid to construct India’s first private-sector SPR at Padur, Karnataka, with a capacity of 2.5 MMT. The project cost is ₹5,700 crore with crude filling costs of over ₹11,000 crore. This enhances India’s energy security, which currently covers just 8–9 days of oil demandÂ
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