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Petronet ties up $550 m loan

NEW DELHI, FEB. 11. India's first liquefied natural gas importer, Petronet LNG Ltd., today tied up Rs. 1,804 crore loan for its $550 million Dahej LNG import and regassification terminal, which earlier this month received its maiden cargo of LNG from Qatar.

"We have signed rupee term loan facility with a consortium of 18 banks led by State Bank of India,'' the PLL director (finance), P. Dasgupta, told PTI from Mumbai after signing the agreement.

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