Excelsior Correspondent
NEW DELHI, Aug 21: Amidst a mammoth gathering at Prabhat Tara Ground, HEC campus, Dhurwa in Ranchi, Jharkhand, Prime Minister of India, Narendra Modi today in the presence of Dharmendra Pradhan, Minister of State (Independent Charge) for Petroleum and Natural Gas and other dignitaries, dedicated India’s downstream petroleum refining and marketing major Indian Oil Corporation’s bulk fuel storage terminal at Jasidih in Deoghar district in Jharkhand to the nation.
The Jasidih terminal is the first pipeline fed terminal of Jharkhand. It has been constructed in an area of 26 acres at a total cost of Rs. 109 crore, with state-of-the-art technology and complying with all applicable safety specifications of OISD (Oil Industry Safety Directorate) as on date. The TOP (Tap-off Point) terminal would handle petrol, diesel and kerosene supplies to the markets of Bokaro, Shanbad, Giridih, Deoghar, Jamtara, Godda, Dumka, Pakur and Sahibganj.
Since the products would be loaded into tank-trucks for onward movement and distribution in the neighbouring markets, the terminal has been provided with a 12-bay tank lorry filling shed with state-of-the-art bottom loading facilities and the latest environment-friendly technology of vapour recovery system. The entire operations of the terminal would be controlled from a centralized Control Room, with minimum manual intervention. The terminal would be loading approximately 160-180 tank-trucks per day in single shift.
The Jasidih terminal 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. Uninterrupted supply of vital petroleum products from this Indian Oil facility will go a long way in boosting industrial growth in the region, especially in the core sectors of coal-mining, steel, bauxite and mica.
Indian Oil closed the year 2013-14 with the income from operations at Rs. 4,73,210 crore and a net profit of Rs. 7,019 crore.
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