The Union Cabinet has approved establishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserves (SPR) facilities at Chandikhol in Odisha and Padur in Karnataka.  It aims to provide energy security of 10 days of consumption in response to external supply disruptions.

Central Government under phase I of SPR programme has built three underground crude oil storage facilities (Strategic Petroleum Reserves) with total capacity of 5.33 MMT capacity at

1. Vishakhapatnam (Andhra Pradesh, storage capacity of 1.33 million tonnes),
2. Mangalore (Karnataka, 1.5 million tonnes) and
3. Padur (Kerala, 2.5 million tonnes)

They are maintained by Indian Strategic Petroleum Reserves Ltd (ISPRL), a special purpose vehicle (SPV), which is wholly owned subsidiary of Oil Industry Development Board (OIDB) under Ministry of Petroleum & Natural Gas.