Following the steps of Sweden and Singapore, Indian Strategic Petroleum Reserves Ltd (ISPRL) is planning to construct strategic crude oil storage cavern at Padur in Karnataka in southern India.
Infrastructure construction and development company Hindustan Construction Company (HCC) has been awarded the contract worth Rs. 374.66 Crore (56.78 million).
HCC is already constructing India's first strategic crude oil storage in Vishakhapattanam, Andhra Pradesh. This order is for construction of underground rock caverns (Part A) to store 1.25 million tonnes crude oil.
It includes detailed engineering and design, underground excavation, access tunnels, water curtain galleries, main storage cavern, shafts and associated underground civil works including geological mapping. The project will be completed in 36 months.
This project is part of the strategic crude oil storage caverns being set up by ISPRL, a subsidiary of Oil Industry Development board. The first of these oil storages of 1.33 million tonnes capacity is under construction in Vishakhapattanam.