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India's First Private Strategic Petroleum Reserve at Padur

One of 9,229 projects Taiyo tracks in Karnataka.

Source: The Economic Times

Project
Awarded

Megha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petroleum reserve (SPR) in Padur, Karnataka. The project involves building a 2.5 million metric tonnes SPR to significantly boost India's energy security by adding to the existing strategic stockpile. The project includes building dedicated oil loading and unloading

Status
Closed
Sector
Oil and Gas, Commercial, Government
Location
Padur, Karnataka, India
Updated
22 Jul 2026
Source
The Economic Times

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The project “India's First Private Strategic Petroleum Reserve at Padur” is an infrastructure initiative in the Oil and Gas sector, located in Padur, Karnataka, India. Taiyo aggregates data on it from The Economic Times.

Participants

Sponsoring Agency

Company

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Megha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petroleum reserve (SPR) in Padur, Karnataka. The project involves building a 2.5 million metric tonnes SPR to significantly boost India's energy security by adding to the existing strategic stockpile. The project includes building dedicated oil loading and unloading facilities, along with onshore and offshore pipelines.

Original sector

Energy

Budget

Location

Country

India

State

Karnataka

City

Padur

Source

Source

The Economic Times

URL

More Details

Record type

Project

Sector

Oil and Gas, Commercial, Government

Article published date

2025-09-18

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