‘Mangalore, Padur strategic oil storages to be completed by March 2014'

naeem@coastaldigest.com (News Network)
September 27, 2013
New Delhi, Sep 27: India will build its first strategic oil storage by January in an effort to insulate itself from supply disruptions, Oil Minister M Veerappa Moily said today.
Padur

India, which is 79% dependent on imports to meet its crude oil needs, is building underground storages at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store about 5.33 million tonnes of crude oil. This is enough to meet nation's oil requirement for 13-14 days.

"The storage at Visakhapatnam is expected to be commissioned in January 2014," Moily said here.

Visakhapatnam facility would have the capacity to store 1.33 million tonnes of crude oil in underground rock caverns. Huge underground cavities, almost ten storey tall and approximately 3.3 km long are being built.

A similar facility in Mangalore will have a capacity of 1.55 million tonnes and would be mechanically completed by March 2014. A 2.5-million tonnes storage at Padur in Udupi district, would be completed by end of current fiscal, he said.

With the commissioning of Visakhapatnam storage, India will join nations like the US, Japan and China that have strategic reserves. These nations use the stockpiles not only as insurance against supply disruptions but also to buy and store oil when prices are low and release them to refiners when there is a spike in global rates.

Originally, India Strategic Petroleum Reserves Ltd (ISPRL), the state-owned firm building the strategic stockpile, was to build the Visakhapatnam facility by October 2011 while the Mangalore storages were to be mechanically completed by November 2012. The storage at Padur was scheduled for completion in December, 2012.

"Visakhapatnam storage is 94.6% complete, Mangalore is 89.2% and Padur is 86% complete," Moily said.

The Cabinet had in January 2006 approved building of the strategic crude oil storages at a cost of Rs 2,397 crore but due to cost and time overrun the capital required is now estimated at Rs 3,958 crore.

The Visakhapatnam facility will cost Rs 1,038 crore, Mangalore Rs 1,227 crore and Padur Rs 1,693 crore.

ISPRL has till date received Rs 2,529 crore from Oil Industry Development Board (OIDB) and Rs 100 crore from Hindustan Petroleum Corp Ltd (HPCL), officials said adding that the firm requires Rs 1,195 crore either from OIDB or the Government to complete the projects.

ISPRL would need Rs 490 crore in current fiscal and Rs 705 crore in the next, they said.

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News Network
March 1,2025

In a move to strengthen the presence of Kannada in industrial and consumer markets, the Karnataka government has made it mandatory for all products manufactured within the state to display their names and usage instructions in Kannada, alongside any other languages.

The directive was formalized through a government circular issued on February 15, extending the requirement to both public and private sector manufacturers, the report added.

Enforcement officers designated under the Kannada Language Comprehensive Development Act, 2022, have been tasked with monitoring compliance.

The government emphasized that language is a reflection of a region’s cultural identity and that Kannada must be actively integrated into production, marketing, and business activities for it to thrive. The circular reiterated that the Act, implemented from March 12, 2024, aims to enhance employment and business opportunities for Kannadigas while ensuring the widespread use of Kannada in daily life.

As per Section 17(7) of the Act, manufacturers selling products within Karnataka must, wherever possible, ensure that product names and instructions are printed in Kannada along with any other language if needed.

This directive comes at a time when debates over language policies are intensifying in Karnataka. Recent discussions around local job quotas and the prominence of Kannada in government and corporate sectors have added to the ongoing discourse on linguistic identity in the state.

On the occasion of Kannada Rajyotsava Day, Karnataka Chief Minister Siddaramaiah had announced that the state government would take steps to ensure Kannada language labels on products manufactured in Karnataka.

Speaking at an event honoring the 69 recipients of this year’s Rajyotsava awards, Siddaramaiah emphasized the importance of creating an environment that encourages the daily use and learning of Kannada.

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coastaldigest.com news network
February 24,2025

Mangaluru: The Social Democratic Party of India (SDPI) has urged the Karnataka government to allocate Rs 3,000 crore in the 2025 state budget for the development of the tourism sector in Dakshina Kannada. This demand was made as part of the party’s ‘Janata Budget – 2025’ initiative.

Anwar Sadath S, president of SDPI’s Mangaluru Rural district unit, emphasized the district’s vast tourism potential, given its location between the Western Ghats and the Arabian Sea. He suggested projects such as beach development, walking tracks, play zones, amusement parks, and other recreational activities to boost tourism in the region.

In addition to tourism development, SDPI has called for several key initiatives in the state budget:

•    Establishment of a government medical college and a super-specialty hospital in Dakshina Kannada.

•    Setting up a High Court bench and a government law college in the district.

•    Development of an IT Park to boost employment opportunities.

•    Minimum support price for arecanut and a dedicated research centre for arecanut diseases.

•    Expansion of healthcare facilities, including a branch of the Jayadeva Institute of Cardiovascular Sciences and Research in Mangaluru.

•    Construction of residential accommodation for Muslim religious leaders serving in mosques and madrasas.

•    A special financial package for paddy farmers, offering Rs 2 lakh per acre as financial assistance.

Sadath criticized previous administrations for neglecting Dakshina Kannada, despite the district being one of the top tax contributors in Karnataka. He highlighted the dominance of private entities in education, healthcare, and business, stressing the need for greater government support in public amenities and welfare schemes.

SDPI urged Chief Minister Siddaramaiah to ensure adequate budgetary allocations for new projects, job creation, education, healthcare, and social welfare programs. The party insisted that the upcoming budget, to be presented on March 7, should prioritize balanced regional development across all districts.

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News Network
February 24,2025

Karnataka's Primary and Secondary Education Minister, Madhu Bangarappa, announced that skill-oriented classes will be introduced for students of grades 8 to 12 alongside the regular curriculum from the next academic year.

Speaking at the inauguration of the Skill and Employment Fair organized by the District Administration, Zilla Panchayat, and Skill Development Department at the National College of Education, in Shivamogga, he emphasized the importance of skill-based education in shaping students' futures.

"Introducing skill training at an early stage will help students acquire expertise in their chosen fields, secure desired jobs, and lead self-reliant lives," the minister stated.

To improve job opportunities for youth, Bangarappa proposed a transport facility for job seekers. Instead of organizing job fairs at the taluk level—where employer participation is limited—he suggested conducting them at district headquarters with free bus services for registered candidates from rural and urban areas. This initiative will be discussed with concerned officials and implemented next year, he added.

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