Bharat Petroleum Corporation Limited (BPCL) has signed a loan agreement for Rs 318.02 billion for projects planned in Bina, Madhya Pradesh. The proceeds will be utilised to finance the development and operation of a petrochemical complex and refinery expansion in Bina, Madhya Pradesh. State Bank of India led the consortium of lenders, including Punjab National Bank, Union Bank of India, Canara Bank, Bank of India and Export-Import Bank of India.
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