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India's First Private-Sector Strategic Petroleum Reserve

Sector: Oil and Gas • Location: India

Source: MSN

Project
Awarded

This project involves the development of India's first private-sector strategic petroleum reserve. Megha Engineering has secured the contract for this project, which is valued at Rs 5,700 crore. The reserve is significant for enhancing India's energy security by storing petroleum strategically.

Status
Closed
Sector
Oil and Gas
Location
India
Updated
22 Jul 2026
Source
MSN

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The project “India's First Private-Sector Strategic Petroleum Reserve” is an infrastructure initiative in the Oil and Gas sector, located in India. Taiyo aggregates data on it from MSN.

Participants

Company

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

This project involves the development of India's first private-sector strategic petroleum reserve. Megha Engineering has secured the contract for this project, which is valued at Rs 5,700 crore. The reserve is significant for enhancing India's energy security by storing petroleum strategically.

Original sector

Energy

Budget

Location

Country

India

Source

Source

MSN

URL

More Details

Record type

Project

Sector

Oil and Gas

Article published date

2025-09-19

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