March 30, 2026

strategic

Strategic petroleum reserve.jpg

India’s first private-sector strategic petroleum reserve! Megha Engineering bags Rs 5,700-crore project; why it’s important

contact@dailyupdatesindia.com03 mins

The venture includes a crude oil filling expense of $1.25 billion (Rs 11,020 crore) at present rates. (AI image for representative purpose) India is looking to build its first-ever private sector strategic petroleum reserve in the next five years. The massive Rs 5,700 crore project contract has been awarded to Megha Engineering & Infrastructures Ltd.According…

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Aviation MRO challenge: AIESL seeks access to proprietary manuals for component overhaul; eyes strategic partners

contact@dailyupdatesindia.com02 mins

State-owned AI Engineering Services Ltd (AIESL) is exploring strategic partnerships to gain direct access to proprietary aircraft manuals and technical literature required for high-end component maintenance, repair and overhaul (MRO) activities, officials said.AIESL, which was carved out of Air India after the government sold the airline to the Tata Group in January 2022, has emerged…

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