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Chandikhol Strategic Petroleum Reserve (SPR) Project

Sector: Warehouse • Location: Chandikhol, Odisha, India

Source: Business Standard

Project
Planned

The Chandikhol SPR project is a proposed strategic petroleum storage facility in Jajpur district, Odisha, India. It aims to develop the world's largest underground crude oil storage facility with a capacity of 4 million metric tonnes. The project is expected to enhance India's emergency preparedness by adding over seven days of crude oil reserves, boosting the country's strategic reserve capacity

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The project “Chandikhol Strategic Petroleum Reserve (SPR) Project” is an infrastructure initiative in the Warehouse sector, located in Chandikhol, Odisha, India. Taiyo aggregates data on it from Business Standard.

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planned

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Description

Description

The Chandikhol SPR project is a proposed strategic petroleum storage facility in Jajpur district, Odisha, India. It aims to develop the world's largest underground crude oil storage facility with a capacity of 4 million metric tonnes. The project is expected to enhance India's emergency preparedness by adding over seven days of crude oil reserves, boosting the country's strategic reserve capacity to cover nearly 21 days of demand when combined with other facilities. The project also aims to generate employment and stimulate local sectors such as construction, logistics, and hospitality.

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