Update for investors of

PETRONET

is currently trading at Rs 279.05, up by 10.10 points or 3.76% from its previous closing of Rs 268.95 on the BSE. The scrip opened at Rs 271.15 and has touched a high and low of Rs 279.95 and Rs 271.15 respectively. So far 333378 shares were traded on the counter. Last one week high and low of the scrip stood at Rs 279.95 and Rs 268.00 respectively. The current market cap of the company is Rs 41880.00 crore. Petronet LNG (PLL) and Oil and Natural Gas Corporation (ONGC) have entered into a 15-Years Ethane Unloading, Storage and Handling (USH) Services Binding Term Sheet (commencing between October – December 2028 and ending on the fifteenth anniversary of the commencement date). PLL is developing ethane unloading, storage and handling facilities with ethane storage tank capacity of approx. 1,70,000 Cubic Meters at Dahej, Gujarat. PLL is also constructing a unique third jetty at Dahej which will be capable of handling Ethane and Propane in addition to LNG. As per the commitments under the binding term sheet, PLL is expected to earn a gross revenue of about Rs 5,000 crore over the total contract duration of 15 years. The transaction under the said term sheet shall commence from FY 2028-2029. It represents a significant milestone in PLL’s strategic vision to develop and offer ethane import infrastructure to third parties, thereby expanding its business portfolio beyond LNG and strengthening its position in India’s petrochemical and energy value chain. PLL’s under-construction unique third jetty will facilitate unloading, storage and handling ethane, propane and LNG at Dahej and will be first-of-its-kind in India which shall be made available for third-party imports. This step of PLL underscores its commitment for enabling growth of downstream industries such as Petrochemical sector through world-class import infrastructure for ethane and propane in addition to its existing LNG regasification infrastructure.