ISPRL stands for the Indian Strategic Petroleum Reserves Limited. It manages India's strategic petroleum reserves. These reserves are crucial for national energy security. They help mitigate the impact of oil supply disruptions. ISPRL operates facilities to store crude oil. This ensures a buffer during global market fluctuations. The initiative reflects India's commitment to energy independence and stability.
India’s strategic petroleum reserve programme includes underground crude oil storage facilities at Visakhapatnam in Andhra Pradesh, Mangaluru in Karnataka, and Padur in Tamil Nadu. The Centre reviewed the...