Petronet LNG Limited’s Rs.12,000 crore Rupee term loan (RTL) facility has been recognised as the “Petrochemical Deal of the Year” in the Deal Awards (South Asia) category at ‘The Asset Triple A Sustainable Infrastructure Awards 2026’ held on June 17, 2026 in Singapore.

Secured through a transparent and competitive bidding process, the RTL facility reflects strong lenders’ confidence in PLL’s financial strength and enables funding at highly competitive rates, boosting overall project viability and strengthening its strategic growth.

The landmark transaction — one of the largest in India’s petrochemical sector — was executed under the leadership of A K Singh, MD & CEO, and the guidance of Saurav Mitra, Director (Finance) & CFO. The facility consists of Rs. 6,000 Crores each by State Bank of India (Lead bank) and Bank of Baroda. SBI Capital Markets acted as the financial advisor and sole arranger for the transaction, with legal advisory support from AZB & Partners and Phoenix Legal.