Chandikhol Strategic Oil Reserve Facility
Sector: Oil and Gas • Location: Chandikhol, Odisha, India
Source: The Times of India
The Chandikhol project aims to create an underground crude storage capacity of 4 million metric tonnes in Jajpur district, Odisha. Approved by the Union Cabinet in 2018 at an estimated cost of Rs 8,743 crore, the project is part of India's strategic petroleum reserves expansion. It has faced delays due to land acquisition and coordination issues but has gained renewed urgency amid geopolitical ten
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Company | Obfuscated Data |
Status
Original status | delayed with renewed urgency |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The Chandikhol project aims to create an underground crude storage capacity of 4 million metric tonnes in Jajpur district, Odisha. Approved by the Union Cabinet in 2018 at an estimated cost of Rs 8,743 crore, the project is part of India's strategic petroleum reserves expansion. It has faced delays due to land acquisition and coordination issues but has gained renewed urgency amid geopolitical tensions. The facility will enhance India's crude storage capacity by more than seven days and is expected to generate over 5,000 jobs. The state government has allotted around 400 acres for the project, and a global tender for construction is expected soon. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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