Sadashivpur:28/8/21:Union Petroleum and Natural Gas Minister Hardeep Singh Puri along with Union Education and Skill Development and Entrepreneurship Minister Dharmendra Pradhan laid the foundation stone of Common User Petroleum Facility at Sadashibpur in Dhenkanal district on Saturday.
Union Minister of State for Rameswar Teli, Dhenkanal MP Mahesh Sahu, and Hindol MLA Simarani Nayak were present.
Pradhan said he was very glad as he laid the foundation stone of the Common User Petroleum Facility of the BPCL at a place with which he has eternal links. Many of teachers and friends hail from the area, he said.
“The project, to come up under the Prime Minister’s Purvodaya mission, will play a vital role in the industry sector of Dhenkanal. It will meet the demand for petroleum products in Dhenkanal, Deogarh, Keonjhar, and western Odisha,” tweeted Pradhan.
The project will help reduce the additional cost being borne on transportation of petroleum products from the Paradip Port and will create jobs of 2 lakh man-days.
Details on Common User Petroleum Facility
A state-of-art automatic storage depot with a 42 kilolitre capacity will come up 50 acres of land. Petrol, diesel, ethanol, and biodiesel will be stocked in the depot. The project to co0me at a cast of Rs 395 crore will be used by the three oil marketing companies-IOCL, BPCL, and HPCL. Petroleum products will be supplied by linking the Paradip-Ranchi-Raipur pipeline. Plans are also afoot to supply petroleum products through railways.
This CUF will receive petroleum products from IOCL’s Paradip-Ranchi-Raipur pipeline and plans are also afoot to enable receipt of the product by rail.
Besides, the facility will be able to store supply worth 20 days of Petrol and 12 days of Diesel as per current demand, which is crucial for a disaster (cyclone) prone State like Odisha.
CUF Sadashibpur will not only increase the ready supply of petroleum products in Dhenkanal but also contribute towards the reduction of the logistics cost of transporting petroleum products from Paradip, the benefits of which will be ultimately passed on to the consumer.
The project will provide direct and indirect employment and bring business and economic growth to the local community, by generating approximately two lakh man days employment during the construction period.