ISPRL plans oil reserve in Madhya Pradesh; Bina proposed as potential site

State-owned Indian Strategic Petroleum Reserves (ISPRL) plans to build a strategic reserve in Madhya Pradesh, serving inland refineries during supply emergencies. Engineers India (EIL) will conduct the pre-feasibility study. Bina and Bikaner are potential locations for crude and natural gas reserves, with feasibility studies expected to complete in 3-4 months.