Prime Minister Modi Unveils BPCL-Led Cutting-Edge POL Terminal in Jammu, Eyes Economic Boost

Mumbai/Jammu, February 20, 2024:* In a strategic move to address challenges faced by space-constrained depots, Honourable Prime Minister Shri Narendra Modi laid the foundation stone for a high-tech Common User Facility (CUF) POL Terminal on the outskirts of Jammu. The ambitious project, spearheaded by Bharat Petroleum Corporation Limited (BPCL) and partner companies, is set to be completed by March 31, 2025, with an estimated total capital cost of Rs. 676 Crore.

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Situated at Pargalta and Kanna Chhargal villages near Bajalta railway station, the 115.41-acre CUF POL Terminal is designed as a fully automated depot with a substantial storage capacity of 100,000 KL. This facility will store various petroleum products, including MS, HSD, SKO, ATF, Ethanol, Biodiesel, and winter-grade HSD.

The financial impact of the project is significant, with anticipated direct employment for 100 individuals post-commissioning and an estimated generation of Five Lakh man-days of employment during the construction period. Additionally, indirect employment opportunities are expected to reach approximately 1500 persons daily, encompassing support services, subcontractors, and ancillary businesses.

Beyond its economic implications, the Jammu CUF POL Terminal is expected to streamline logistics, reducing road movement by approximately 500 lorries per month. This move aligns with environmental goals, targeting an annual reduction of 2.4 million kilograms in CO2 emissions.

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The project is positioned not only to enhance the overall Health, Safety, Security, and Environment (HSSE) quotient but also to establish a secure and efficient supply chain for petroleum products in the strategically vital Union Territories of J&K and Ladakh. The financial markets are closely watching this development as it unfolds, anticipating both short-term economic growth and long-term environmental benefits.