News
17 January 2025

BPCL reaches financial close for Bina refinery expansion

In:
Oil & gas
Region:
Asia-Pacific

Bharat Petroleum Corporation Limited (BPCL) has achieved financial closure for its Bina Refinery Expansion / Petrochemical Project by signing a loan of ₹31,802 crore ($3.67 billion) with a consortium of six lenders led by the State Bank of India.The project, in Madhya Pradesh, aims to set up a...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
20 March 2026

Unlocking alternative funding in Nigerian infrastructure

Nigeria is starting to build robust channels for attracting institutional debt capital – both foreign and domestic - into infrastructure assets. But this expanded toolkit...

Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...