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    Question

    Which company has secured the bid for India’s first

    private strategic petroleum reserve (SPR) at Padur, Karnataka? 
    A Reliance Industries Ltd Correct Answer Incorrect Answer
    B Adani Group Correct Answer Incorrect Answer
    C Megha Engineering & Infrastructures Ltd (MEIL) Correct Answer Incorrect Answer
    D ONGC Correct Answer Incorrect Answer
    E Vedanta Correct Answer Incorrect Answer

    Solution

    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 demand 

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