India’s downstream petroleum refining and marketing major Indian Oil Corporation’s newly-built bulk fuel storage terminal at Jasidih in Deoghar district of Jharkhand was dedicated to the nation by the Prime Minister Narendra Modi at a public function held in Ranchi recently. Speaking on the occasion, the Prime Minister expressed happiness that uninterrupted supply of vital petroleum products from IndianOil’s new bulk storage facility will go a long way in boosting industrial growth in the region.
Dharmendra Pradhan, Union Minister of State (I/C) for Petroleum and Natural Gas, complimented IndianOil for commissioning the first pipeline-fed petroleum bulk storage terminal in Jharkhand, which will not only cater to the current petroleum demand in the region but is also geared up to meet the likely growth in demand in the coming years. The huge increase in petroleum storage capacity and improved distribution logistics in the region will benefit the core sectors of coal-mining, steel, bauxite and mica, as well as ancillary industries, he said. In this way, the terminal will act as a catalyst for the socio-economic growth of the region, Pradhan added.
IndianOil’s new TOP (tap-off point) terminal at Jasidih will receive finished products through the company’s existing Haldia-Barauni cross-country pipeline. It has a product storage capacity of 31,600 kilolitres (kl) and will handle petrol, diesel and kerosene supplies to the markets of Bokaro, Dhanbad, Giridih, Deoghar, Jamtara, Godda, Dumka, Pakur and Sahibganj.
One more pipeline-fed terminal of IndianOil is coming up at Khunti, also in Jharkhand. It will receive products by pipeline from the upcoming Paradip Refinery of IndianOil. IndianOil is currently meeting the petroleum product requirements of Jharkhand from its bulk storage points at Dhanbad, Ranchi and Tata Nagar.
As part of its infrastructure expansion plans, IndianOil is gearing up to commission bulk storage terminals at Jaipur, Tikri, Paradip and Jharsuguda in the current financial year. The new terminals coming up in various parts of the country will not only cater to the rising demand for petroleum products but also help decongest residential and industrial townships that have come up around the company’s old installations, necessitating resitement of facilities. The new installations are designed to fully comply with all applicable safety specifications of OISD.
The state-of-the-art terminal at Jasidih has been set up in an area of 26 acres at a total cost of `109 crore. Since the products would be loaded into tank-trucks for onward movement and distribution in the neighbouring markets, a 12-bay tank-lorry filling shed has been provided with bottom-loading facilities and the latest environment-friendly technology of vapour recovery system. The terminal would be loading approx 160-180 tank-trucks per day in single shift. The entire operations are controlled from a centralised control room with minimum manual intervention.