Indian Oil Malkapur terminal likely to go on stream in 2023
02 Jan 2023
2 Min Read
CW Team
With an investment of $6110 million, Indian Oil Corporation is building a petroleum terminal in
Malkapur, close to Hyderabad, and it's expected to start operating in 2019.
The terminal is anticipated to provide Indian Oil power over Telangana's fuel supplies because it will
serve as the terminus for the 1,212-km product pipeline from Paradip to Hyderabad. Executive
Director and State Head of India Oil for Telangana and Andhra Pradesh B.Anil Kumar stated on
Wednesday that "by December 2023, we will be able to commission the terminal... deliver our own
product.
The $3.3 billion pipeline will transport gasoline and diesel from the public sector oil company's
Paradip refinery in Odisha to Hyderabad, one of the key consumption zones, and connect
Visakhapatnam, Vijayawada, and a few other places in Andhra Pradesh along the way.
Beginning this month, Vijayawada will begin receiving diesel supply via pipeline. In his first media
interview since taking over as Executive Director in September, Mr. Anil Kumar stated, "The pipeline
work has been finished and tankage work is ongoing in Malkapur." 0.180 million kiloliters of storage
space will be available at the terminal.
The pipeline and terminal are anticipated to lessen Indian Oil's reliance on Hindustan Petroleum
Corporation's Visakhapatnam-Hyderabad pipeline for fuel supplies in Telangana once they are
operational. Indian Oil will also relocate the operations of its Cherlapally terminal, which is close to
Hyderabad. But it's unlikely that the Cherlapally complex will be shut down, he continued.
In response to questions, he stated that Telangana's consumption of gasoline and diesel exceeded
pre-COVID retail sales levels. In comparison to the same period last fiscal year, gasoline consumption
from April through November increased by 13.2%. In the same time frame, retail diesel usage
increased by 10.2%. Around 0.123 million tonnes of gasoline and 0.266 million tonnes of diesel are
sold on a monthly average.
With an investment of $6110 million, Indian Oil Corporation is building a petroleum terminal in
Malkapur, close to Hyderabad, and it's expected to start operating in 2019.
The terminal is anticipated to provide Indian Oil power over Telangana's fuel supplies because it will
serve as the terminus for the 1,212-km product pipeline from Paradip to Hyderabad. Executive
Director and State Head of India Oil for Telangana and Andhra Pradesh B.Anil Kumar stated on
Wednesday that by December 2023, we will be able to commission the terminal... deliver our own
product.
The $3.3 billion pipeline will transport gasoline and diesel from the public sector oil company's
Paradip refinery in Odisha to Hyderabad, one of the key consumption zones, and connect
Visakhapatnam, Vijayawada, and a few other places in Andhra Pradesh along the way.
Beginning this month, Vijayawada will begin receiving diesel supply via pipeline. In his first media
interview since taking over as Executive Director in September, Mr. Anil Kumar stated, The pipeline
work has been finished and tankage work is ongoing in Malkapur. 0.180 million kiloliters of storage
space will be available at the terminal.
The pipeline and terminal are anticipated to lessen Indian Oil's reliance on Hindustan Petroleum
Corporation's Visakhapatnam-Hyderabad pipeline for fuel supplies in Telangana once they are
operational. Indian Oil will also relocate the operations of its Cherlapally terminal, which is close to
Hyderabad. But it's unlikely that the Cherlapally complex will be shut down, he continued.
In response to questions, he stated that Telangana's consumption of gasoline and diesel exceeded
pre-COVID retail sales levels. In comparison to the same period last fiscal year, gasoline consumption
from April through November increased by 13.2%. In the same time frame, retail diesel usage
increased by 10.2%. Around 0.123 million tonnes of gasoline and 0.266 million tonnes of diesel are
sold on a monthly average.
Next Story
Blum India brings Design Reverie to Hyderabad
Blum India hosted the Hyderabad edition of its signature event, Design Reverie, at the historic Taj Falaknuma Palace, making it a memorable evening for the city鈥檚 architecture and interior design community. As per news reports, the event combined modern design sensibilities with the grandeur of a palace setting and the spiritual charm of Sufi qawwali.This marked the third edition of the event, after previous gatherings in Delhi and Bangalore. In Hyderabad, the focus was on fostering relaxed yet meaningful dialogue among design professionals鈥攁way from the typical conference setup. The eveni..
Next Story
Hafele launches Platinum Studio in Nagpur
Hafele has expanded its franchise footprint in central India by opening a new Studio Partner Platinum showroom in Nagpur in collaboration with Onkar Furnitech. The studio was inaugurated by Nitin Gadkari, Minister of Road Transport and Highways, along with Padma Gupta, Director 鈥� HR & Customer Experience, Hafele South Asia.Located at Sarthak Plaza, South Ambazari Road, Laxmi Nagar, the showroom offers an immersive experience of Hafele鈥檚 wide-ranging interior and home solutions. Designed as a hands-on, real-life application space, the studio showcases Hafele鈥檚 full portfolio鈥攊ncludi..
Next Story
Truflo by Hindware wins GPTW honour again
Truflo by Hindware has been certified a Great Place to Work for the fourth consecutive year, reaffirming its commitment to a people-first culture. The certification was awarded by the Great Place to Work Institute following a rigorous evaluation of employee experience, leadership, culture, and HR practices.Known as India鈥檚 fastest-growing plastic pipes and fittings company, Truflo has focused on fostering an inclusive, innovative, and growth-driven work environment. The company prioritises employee well-being and professional development, creating a culture where people feel valued and empow..