India’s first private-sector strategic petroleum reserve! Megha Engineering bags Rs 5,700-crore project; why it’s important

Sep 16, 2025 - 13:30
India’s first private-sector strategic petroleum reserve! Megha Engineering bags Rs 5,700-crore project; why it’s important

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Megha Engineering has secured a Rs 5,700 crore contract to build and manage India's first private strategic petroleum reserve in Padur, Karnataka. This 2.5 MMT facility will significantly boost India's energy security, supplementing the existing reserves.

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