Petronet LNG secures loan for 750,000-tpy PDH/PP project in India
12/11/2025 12:00:00 PM
Petronet LNG has secured a loan from a consortium consisting of the State Bank of India and the Bank of Baroda to fund its 750,000-tpy propane dehydrogenation (PDH) project. Once operational, the complex-located in Dahej, Gujarat, India-will produce 500,000 tpy of polypropylene. The plant is expected to enhance the self-sufficiency of the country in the field of petrochemicals. The diversification towards petrochemicals comes at a time when the government is looking at making the country a petrochemical hub.
According to Petronet LNG, highlights of the project include:
- Building a future with a Technical marvel ensuring revolving energy use. Indian's First petrochemical Plant with cold energy Integration at the LNG Termianl
- A future of efficiency and innovation with the groundbreaking approach that reduces Capex cost by Rs.400 crores and annual operating expenses by Rs. 120 crores.
- Strategically nestled in the heart of Dahej Industrial Zone, Positioned to cater to the burgeoning demand for propylene, hydrogen, and polypropylene in Western India.
- Proudly contributing to Atmanirbhar Bharat by catering to 10% of India's Polypropylene demand-supply gap, promoting self-reliance and innovation.
- Empoweing the community with socio-economic growth: Creating 50,000 jobs in the execution phase and sustaining 10,000 jobs once operational.
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