Padur Strategic Petroleum Reserve Project
Sector: Oil and Gas • Location: Padur, Karnataka, India
Source: Financial Express
Megha Engineering & Infrastructures (MEIL) has won the mandate to build and operate India’s first private-sector strategic petroleum reserve (SPR) at Padur in Karnataka. The project involves constructing a 2.5 million metric tonnes SPR over five years and operating it for 60 years. The project aims to enhance India's strategic crude oil stockpile and energy security.
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Padur, Karnataka, India
- Updated
- 22 Jul 2026
- Source
- Financial Express
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Project Information
Participants
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 (MEIL) has won the mandate to build and operate India’s first private-sector strategic petroleum reserve (SPR) at Padur in Karnataka. The project involves constructing a 2.5 million metric tonnes SPR over five years and operating it for 60 years. The project aims to enhance India's strategic crude oil stockpile and energy security. |
Original sector | Energy |
Budget |
Location
Country | India |
State | Karnataka |
City | Padur |
Source
Source | Financial Express |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-09-18 |
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