Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange about Awarding of order(s)/contract(s)
DEEPAKFERT · price
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Awaiting price reaction for this filing.
Deepak Fertilizers has signed a 5-year agreement with Petronet LNG Limited for regasification of approximately 25 TBTUs of LNG annually, primarily at Petronet's Dahej terminal. The regasified gas will be supplied to the company's manufacturing facilities at Taloja for internal consumption. The contract value is Rs. 1,200 crore with an additional outlay of up to 20% over the contract duration. This is a revised filing providing the previously missing contract value, originally communicated on 10th July 2025. The contract is with a domestic entity, is not a related-party transaction, and no promoter group has any interest in Petronet LNG.
This is a material, long-term supply commitment (Rs. 1,200 crore over five years) that secures LNG feedstock for Deepak Fertilizers' Taloja operations, providing input-cost visibility and supply stability. The market may view it positively as it locks in a key raw material, though the financial commitment also creates a multi-year liability for the company.