Published On:December 17 2013
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ADB to lend $150 m for Petronet's Dahej terminal expansion.

ADB to lend $150 m for Petronet's Dahej terminal expansion. The Asian Development Bank (ADB) will provide a $150 million loan to Petronet LNG Ltd. to increase terminal capacity in Gujarat.

'The expanded terminal will help India move toward its target of greater natural gas use, thereby enhancing its energy security and shifting to cleaner forms of energy,' said Siddhartha Shah, Principal Investment Specialist at ADB's Private Sector Operations Department.

HBL


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