As the nation braces for the economic fallout of the coronavirus outbreak, the government’s ambitious Central Vista redevelopment project in Lutyens’ Delhi is under the scanner with several opposition leaders slamming the Rs 20,000 crore venture as a vanity project and a postponable luxury in times of crisis.
Constructed at a cost of Rs 2,989 crore, the 182-metre sculpture statue of unity has been dedicated to the nation.
Now the bigger question is , India doesn't have budget to boost its SPR oil reserver capacity from 39 Million Barrel to its competitive countries like Japan, US and China their alone capacity is more than that.
The Strategic Petroleum Reserve (SPR) is a supply of petroleum held by the United States Department of Energy (DOE) for emergency fuel. It is the largest emergency supply in the world, and its underground tanks in Louisiana and Texas have capacity for 797 million barrels (126,700,000 m3).[1] The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973–1974 oil embargo, to mitigate future supply disruptions.
Constructed at a cost of Rs 2,989 crore, the 182-metre sculpture statue of unity has been dedicated to the nation.
Now the bigger question is , India doesn't have budget to boost its SPR oil reserver capacity from 39 Million Barrel to its competitive countries like Japan, US and China their alone capacity is more than that.
The Strategic Petroleum Reserve (SPR) is a supply of petroleum held by the United States Department of Energy (DOE) for emergency fuel. It is the largest emergency supply in the world, and its underground tanks in Louisiana and Texas have capacity for 797 million barrels (126,700,000 m3).[1] The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973–1974 oil embargo, to mitigate future supply disruptions.
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