Secretary, Ministry of Petroleum & Natural Gas visits the proposed Strategic Petroleum reserve site at Chandikhol, Odisha
Towards
the energy security mandate of the country, Ministry of Petroleum &
Natural Gas, Govt. of India is creating Strategic Petroleum Reserves.
Under Phase I storage program, three facilities have been created at
Vishakhapatnam, Mangalore and Padur, with a total storage capacity of
5.33 MMT. The storage facilities entails storage of crude oil in
underground rock caverns,
Under Phase II storage program, plans currently are afoot to create
Strategic Petroleum Reserves at two locations, namely Chandikhol in
Odisha and Bikaner in Rajasthan which entails storage of crude oil in
underground rock caverns and underground salt caverns
respectively.Government of India is considering the proposal for
establishment of Phase II storage program for a total storage capacity
of 10.0 MMT which includes 4.4 MMT storage capacity at Chandikhol and
5.6 MMT storage capacity at Bikaner.
In this connection, Secretary, MoP&NG, Shri K.D.Tripathi, senior
officials of Indian Strategic Petroleum Reserves Ltd & Engineers
India Limited visited the proposed site near Chandikhol along with the
revenue officials of the State Govt. of Odisha on 2nd September 2016. As
per the studies undertaken for the conceived project, the underground
storage facilities at Chandikhol will be created within the available
Government owned land parcel and would involve a significant development
in the region with the greater objective of Odisha becoming the Energy
Gateway of the Eastern and North Eastern Region of India. The estimated
capital cost for Chandikhol project is approx. Rs 5000 crores.
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YB
(Release ID :149511)
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