Dear Venkat
I am afraid it can be used in PVElite.Please also refer answer by Ray on the topic "Underground pressure vessels" by Paulo Luman dated 09/08/2005.Some Engg. companies have made some procedure for calculating the mound load(as it is complex Rankine formula) over the vessels which induces radial pressure on the vessel and can be modelled in PVElite as external pressure along with other loads.
Regards,
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abhijit