The policymakers are now deliberating on India’s strategic oil reserves at Mangaluru, Paddur (near Udupi) and Visakhapatnam after the drone strikes on Saudi Arabian Oil Co or Saudi Aramco’s facility over the weekend sent shock waves across global oil markets, hitting supplies. India’s Strategic Oil Reserves State-owned Indian Strategic Petroleum Reserve Ltd (ISPRL) which is ..
Energy security: GK, Current Affairs, Questions, Trivia and News
Nuclear power is the fifth-largest source of electricity generation in India. Its capacity is exceeded by electricity generation from coal, gas, hydroelectricity and wind power. India has 22 nuclear reactors in operation in 7 nuclear power plants, having a total installed capacity of 6,780 MW. The share of atomic energy in the overall electricity generation ..
The Central Government of India has plans to approve 8 Free Trade and Warehousing Zones(FTWZs) in India of which 4 have already been notified by the Government. 3 FTWZs are already operational. Private investors have invested nearly 3400 crores in these FTWZs till date. The Central Government has made no investments in these CTWZs. What/Why ..
Abu Dhabi National Oil Company signs MoU with signed MoU with Indian Strategic Petroleum Reserves Ltd
On November 12, Abu Dhabi National Oil Company (ADNOC) signed MoU with the Indian Strategic Petroleum Reserves Ltd (ISPRL) to explore the possibility of storing ADNOC crude oil at Padur Underground Facility in Udupi district of Karnataka, which has a 2.5 million tonne (~17 million barrels) capacity. So far, ADNOC is the only foreign oil ..
The strategic fuel or oil reserve facilities are used for emergency reasons. The Indian Strategic Petroleum Reserve has a total fuel store of total 5 MMT (million metric tonnes) which is enough to fuel 10 days of consumption. Currently the strategic crude oil storages are at 3 underground locations in Mangalore, Vishakhapatnam and Padur. They ..