Chandikhol Crude Oil Storage Facility
Sector: Oil and Gas • Location: Chandikhol, Odisha, India
Source: Chemical Industry Digest
The Odisha government has handed over land for a major crude oil storage facility at Chandikhol in Jajpur district. The project will be developed by Indian Strategic Petroleum Reserves Limited (ISPRL) with an estimated investment of ₹8,700 crore. The facility will have a storage capacity of four million tons of crude oil and will be one of the largest underground rock cavern storage systems in the
- Status
- Under Construction
- Sector
- Oil and Gas, Chemical (Industrial), Government, Manufacturing (Industrial)
- Location
- Chandikhol, Odisha, India
- Updated
- 22 Jul 2026
- Source
- Chemical Industry Digest
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Odisha government has handed over land for a major crude oil storage facility at Chandikhol in Jajpur district. The project will be developed by Indian Strategic Petroleum Reserves Limited (ISPRL) with an estimated investment of ₹8,700 crore. The facility will have a storage capacity of four million tons of crude oil and will be one of the largest underground rock cavern storage systems in the world, enhancing India's strategic petroleum reserves and energy security. |
Original sector | Energy |
Budget |
Location
Country | India |
State | Odisha |
City | Chandikhol |
Source
Source | Chemical Industry Digest |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Chemical (Industrial), Government, Manufacturing (Industrial) |
Article published date | 2026-04-18 |
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