Latest news with #SauravMitra
Reuters
28-07-2025
- Business
- Reuters
India's top gas importer Petronet seeks 120 billion rupee loan
NEW DELHI, July 28 (Reuters) - India's top gas importer, Petronet LNG ( opens new tab, is looking to raise a 120 billion rupee (about $1.4 billion) local currency loan to fund the expansion of a plant, its head of finance, Saurav Mitra, said in an analyst call on Monday. 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)
Time of India
28-07-2025
- Business
- Time of India
India's top gas importer Petronet seeks Rs 12,000 crore loan
India's top gas importer, Petronet LNG , is looking to raise a 120 billion rupee (about $1.4 billion) local currency loan to fund the expansion of a plant, its head of finance, Saurav Mitra, said in an analyst call on Monday. The company is building a petrochemical plant in India's western state of Gujarat at the cost of 206.85 billion rupees. Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity Operations Management Public Policy MBA Others Degree Data Analytics Project Management Management MCA Leadership healthcare CXO Data Science Data Science Finance Product Management Technology Healthcare others PGDM Design Thinking Artificial Intelligence Digital Marketing Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details Petronet aims to spend 300 billion rupees in the next few years, and most of that on building a petrochemical project, Mitra said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 10 Signs Your Dog Loves You More Than Anything Liseer Read More Undo 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. Live Events
