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Strategic Crude Oil Reserve Project at Chandikhol

Sector: Government • Location: Chandikhol, Odisha, India

Source: Business News This Week

Project
Revived

The Strategic Crude Oil Reserve (SCOR) project at Chandikhol in Odisha is part of the second phase of India's Strategic Petroleum Reserve programme. The project aims to develop an underground crude oil storage facility to enhance the nation's emergency crude oil storage infrastructure and energy security. The project had been delayed for nearly five years but has now been revived with the Odisha g

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The project “Strategic Crude Oil Reserve Project at Chandikhol” is an infrastructure initiative in the Government sector, located in Chandikhol, Odisha, India. Taiyo aggregates data on it from Business News This Week.

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Description

Description

The Strategic Crude Oil Reserve (SCOR) project at Chandikhol in Odisha is part of the second phase of India's Strategic Petroleum Reserve programme. The project aims to develop an underground crude oil storage facility to enhance the nation's emergency crude oil storage infrastructure and energy security. The project had been delayed for nearly five years but has now been revived with the Odisha government coordinating with the Centre and implementing agencies to expedite clearances and execution.

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