Petronet LNG Limited has executed a loan agreement for a secured Rupee Term Loan (RTL) facility totaling ₹12,000 crores. The loan comprises ₹6,000 crores from State Bank of India (SBI) and ₹6,000 crores from Bank of Baroda, with SBI leading the consortium. This significant financing will be utilized for the company's Petrochemicals Project, which includes a 750 KTPA Propane Dehydrogenation (PDH) unit and a 500 KTPA Polypropylene (PP) unit, along with propane and ethane handling facilities at Dahej, Gujarat. The funds will also support other capital expenditures of the company. The loan is secured by a first pari-passu charge on all movable assets and a first pari-passu mortgage on immovable properties related to the PDH-PP Project. A second pari-passu charge on existing movable fixed assets will be released upon the project's commissioning. The loan agreement was executed on December 10, 2025.
