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INDIAN STRATEGIC PETROLEUM RESERVES LIMITED

ISPRL operates the storage facilities as custodian of core critical sovereign crude oil reserves apart from operating the facilities as custodian of crude oil for any other entity that Government decides. It shall also coordinate the release and replenishment of strategic crude oil stock during supply disruptions through an Empowered Committee of the Government of India. All the three locations viz Visakhapatnam (June 2015), Mangalore (October 2016) and Padur (December 2018) have been commissioned. At Visakhapatnam HPCL is utilizing the 0.3 MMT compartment for its day to day refinery operations.

Padur facility was commissioned on 15.12.2018.

As on 31.03.2021, the authorized capital was Rs.3832.56 Crore and paid up & subscribed capital of the company was Rs.3775.87 Crore.

Two new SPR’s are proposed to be constructed at Chandikhol (Odisha) and Padur( Karnataka ) under Phase 2.

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Last Updated on 17-10-2021