New Delhi, March 23 (IANS) The quantity of crude oil currently stocked as part of India’s strategic reserves is around 3.372 million metric tonnes (MMT), which is 64 per cent of the total storage capacity of these reserves, the Parliament was informed on Monday.The government, through a Special Purpose Vehicle called the Indian Strategic Petroleum Reserve Limited (ISPRL), has established Strategic Petroleum Reserves (SPR) facilities with total capacity of 5.33 million metric tonnes (MMT) of cr…
Latest Indian Strategic Petroleum Reserve Limited News & Updates
New Delhi, March 12 (IANS) The Government has approved a compensation of Rs 30,000 crore in FY 2025-26 to the public sector oil companies — Indian Oil, Bharat Petroleum, and Hindustan Petroleum — for supplying LPG at subsidised prices, the Parliament was informed on Thursday.The retail selling price of a 14.2 Kg domestic LPG cylinder is currently Rs 913 in Delhi. After a targeted subsidy of Rs 300 a cylinder to poor consumers under Pradhan Mantri Ujjwala Yojana (PMUY), the Centre is providing …