{"id":646453,"date":"2025-09-16T10:16:31","date_gmt":"2025-09-16T04:46:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=646453"},"modified":"2025-09-16T11:53:32","modified_gmt":"2025-09-16T06:23:32","slug":"megha-engineering-wins-rs-5700-crore-mandate-to-build-first-private-oil-reserve-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/megha-engineering-wins-rs-5700-crore-mandate-to-build-first-private-oil-reserve-report\/","title":{"rendered":"Megha Engineering wins Rs 5,700 crore mandate to build first private oil reserve: Report"},"content":{"rendered":"<p>Megha Engineering &amp; Infrastructures has won the mandate to build and operate India\u2019s first private-sector strategic petroleum reserve (SPR), as per a report by Economic Times. <\/p>\n<p>According to the ET report, Rs 5,700-crore project will be set up at Padur in Karnataka, with an additional estimated $1.25 billion (around Rs 11,020 crore) required to fill it with crude oil at current prices. This marks the largest-ever private initiative to boost India\u2019s energy security.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Megha Engineering &amp; Infrastructures has won the mandate to build and operate India\u2019s first private-sector strategic petroleum reserve (SPR), as per a report by Economic Times. According to the ET report, Rs 5,700-crore project will be set up at Padur in Karnataka, with an additional estimated $1.25 billion (around Rs 11,020 crore) required to fill it with crude oil at current prices. This marks the largest-ever private initiative to boost India\u2019s energy security.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-646453","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/646453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=646453"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/646453\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=646453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=646453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=646453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}