Vishakhapatnam Crude Oil Storage Capacity Lease in Underground Rock Caverns

This tender, reference number ISPRL/SPR/VIZAG/02, is issued by the Indian Strategic Petroleum Reserves Limited (ISPRL) for the lease and rental of crude oil storage capacity. Specifically, the requirement is for 524 TMT or 3.789 MMBL of storage at ISPRL's Strategic Petroleum Reserve (SPR) located in underground rock caverns at Vishakhapatnam. This tender falls under the Services category, with a Product Category of Miscellaneous Services, and is a Global Tender. The tender documents were made available for download starting at 12:00 PM on November 3rd, 2026, and will be available until 03:00 PM on December 1st, 2026. Bids can be submitted from 12:00 PM on November 3rd, 2026, up to 03:00 PM on December 1st, 2026. The bid opening is scheduled for 03:30 PM on December 1st, 2026. A refundable Earnest Money Deposit (EMD) of INR 10,00,000 is required. The Tender Inviting Authority is Navendu Nath, located at ISPRL HO, OIDB Bhawan, Sector-73, Noida-201301. There is no tender fee associated with this procurement.