The terminal at Jharsuguda and a refurbished modern oil depot at Jatni of Indian Oil Corporation Ltd (IOCL) were inaugurated by Petroleum Minister Dharmendra Pradhan.
"These new facilities will further strengthen storage and distribution of petroleum products in the states of Odisha, Jharkhand and Chhattisgarh," Pradhan said at a function organised at Jharsuguda on the occasion.
Noting that accelerated development of eastern states was the focus area for the Centre, he said Prime Minister Narendra Modi, while dedicating the 15-MMTPA Paradip Refinery to the nation, termed it the "Vikasdeep" of Eastern India.
The total project cost for these projects is about Rs 2800 crore. These facilities will aid in meeting the growing demand of petroleum products leading to faster development of the region, he said.
The biggest oil terminal of Odisha at Jharsuguda is an important milestone for uninterrupted, automated delivery of fuel supply to 10 District of West Odisha Bargarh, Bolangir, Deogarh, Jharsuguda, Keonjhar, Kalahandi, Sundergarh, Sambalpur, Sonepur & Nuapada. The terminal is part of governments endeavour to build a world-class & automated oil terminal in Odisha, the Minister said.
Total tankage capacity is 49000 Kilo Litre (Coverage 22 days) with 2200 KL per day sale of Petrol, Diesel and Kerosene to cater more than 350 sale points (245 nos ROs, 114 nos consumers and 27 nos SKO agencies ) round the year supply.
These projects receive product through 1073 km length Paradip-Raipur-Ranchi pipeline. 634 km of this pipeline in the state of Odisha has been set up at an investment of Rs 1100 crore. The total investment in the three projects i.e. Jharsuguda, Jatni Oil Terminals and Paradip Raipur Ranchi pipeline within Odisha is Rs 1310 crore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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