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Petronet LNG secures Rs 12,000 crore loan for petrochemicals project
Dec-11-2025

Petronet LNG has signed a loan agreement to borrow secured Rupee Term Loan of Rs 6,000 crore each, aggregating to Rs 12,000 crore, from the consortium of State Bank of India (SBI) and Bank of Baroda, with SBI leading the consortium. The loan shall be utilised towards financing the Petrochemicals Project of 750 KTPA of Propane Dehydrogenation (PDH) and 500 KTPA of Polypropylene (PP) including propane and ethane handling facilities at Dahej, Gujarat and other capital expenditure of the company.

Petronet LNG is one of the leading players in oil and natural gas industry space. The company's promoters are GAIL (India), Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL).

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