Current Affairs - National - Discussion

Discussion Forum : National - Latest Current Affairs (Q.No. 584)

2024-04-04 National

584.

when does India plan to construct its inaugural privately managed strategic petroleum reserve (SPR)?

2025-26

2029-30

2035-36

2040-41

Answer: Option

Explanation:

India's plan to construct its inaugural privately managed strategic petroleum reserve (SPR) by 2029-30 is a strategic move aimed at enhancing energy security and flexibility in oil trading, aligning with global models adopted by countries like Japan and South Korea.