India's top gas importer Petronet seeks 120 billion rupee loan
The company is building a petrochemical plant in India's western state of Gujarat at the cost of 206.85 billion rupees.
Petronet aims to spend 300 billion rupees in the next few years, and most of that on building a petrochemical project, Mitra said.
Its capital expenditure for 2026-27 would be higher than the 50 billion rupees estimated for the current fiscal year to March 2026, he said.
Last week, the company's board approved setting up a 5 million tons per year LNG import terminal in the eastern state of Odisha at the cost of 63.5 billion rupees.
($1 = 86.5050 Indian rupees)
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