A Resilient Energy Future: India's Strategic Reserves Strategy Under Scrutiny The recent US Iran conflict has highlighted India's vulnerability to global supply disruptions, underscoring the need for robust strategic reserves.
With India's crude oil consumption equivalent to roughly 9. 5 days of its dedicated Strategic Petroleum Reserves (SPRs) capacity, the government's efforts to expand these reserves are commendable.
The Phase II expansion of SPRs at Chandikhol and Padur, approved under the Public Private Partnership model, is a step in the right direction.