India's First Private Strategic Petroleum Reserve at Padur
Awarded · Karnataka · Last reported Sep 2025
Source: Business Standard
Megha Engineering & Infrastructures Ltd (MEIL) won the mandate to build and operate a 2.5 million metric tonne strategic petroleum reserve (SPR) at Padur, Karnataka. The project includes building storage facilities, dedicated loading and unloading facilities, and onshore and offshore pipelines. The government will provide a 214-acre land parcel free of cost. The project aims to enhance India's ene
- Status
- Closed
- Sector
- Oil and Gas, Government, Commercial
- Location
- Padur, Karnataka, India
- Updated
- 22 Jul 2026
- Source
- Business Standard
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Project Information
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 (MEIL) won the mandate to build and operate a 2.5 million metric tonne strategic petroleum reserve (SPR) at Padur, Karnataka. The project includes building storage facilities, dedicated loading and unloading facilities, and onshore and offshore pipelines. The government will provide a 214-acre land parcel free of cost. The project aims to enhance India's energy security by increasing crude oil reserves. |
Original sector | Energy |
Budget |
Location
Country | India |
State | Karnataka |
City | Padur |
Source
Source | Business Standard |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Government, Commercial |
Article published date | 2025-09-18 |
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