India looking to expand strategic petroleum reserves with new facilities in MP, Rajasthan
India plans new petroleum reserves at Bina and Bikaner to boost energy security. Additional storage capacity is also being added at Mangalore for greater supply resilience. The government is also developing reserves at Padur and Chandikhol under its expansion plan. These projects aim to meet global benchmarks for crude oil storage. The nation is exploring more cavern sites amid global geopolitical uncertainties.
