India's Energy Security Framework
India's energy security policy rests on four pillars: diversification of supply sources, building strategic reserves, transitioning to renewable energy, and demand-side management.
- Indian Strategic Petroleum Reserves Ltd (ISPRL) manages underground oil storage at three locations with a combined capacity of 5.33 million metric tonnes (roughly 10 days of import cover)
- Phase II of SPR construction is planned at Chandikhol (Odisha) and Padur (expansion)
- India's petroleum refining capacity: approximately 254 MMTPA (as of 2024), making it a net exporter of refined petroleum products
- The International Energy Agency (IEA) recommends that member nations maintain 90 days of oil reserves; India's combined commercial and strategic reserves provide approximately 65-70 days of cover
- India is a member of the IEA as an Association Country (not full member, since full membership requires OECD membership)
● Tracked since February 09, 2026 · last seen June 21, 2026 · updates as the daily brief publishes
22 Apr '26
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Polity & Governance
Essential Commodities Act, 1955
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