
Deals19 Dec 2023, 10:47 pm
Deepak Nitrite Limited signs binding term sheet with Petronet LNG Limited for offtake of Propylene and Hydrogen
AI Summary
The Board of Directors of Deepak Phenolics Limited, a wholly owned subsidiary of Deepak Nitrite Limited, has approved the execution of a binding term sheet with Petronet LNG Limited for the offtake of 250 KTPA of Propylene and 11 KTPA of Hydrogen for a period of 15 years from the date of first supply.,
Key Highlights
- binding term sheet with Petronet LNG Limited for offtake of Propylene and Hydrogen
- 15-year agreement
- 250 KTPA of Propylene and 11 KTPA of Hydrogen