India approves Adani Group's port to import petroleum until 2026, enhancing energy security.

The Indian government has approved the Adani Group's Krishnapatnam Port in Andhra Pradesh to import petroleum products by sea until March 1, 2026. This decision aims to enhance India's energy security and efficiency, as the country imports over 80% of its crude oil. The port has also introduced advanced technology to boost cargo handling efficiency. This move supports the government's goal of reducing reliance on international fuel prices and increasing domestic oil production.

3 months ago
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