Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL), along with its step-down subsidiary Performance Chemiserve Ltd (PCL), has signed a long-term LNG regasification agreement with Petronet LNG Ltd (PLL), India’s leading LNG infrastructure company. This strategic partnership marks a significant step in securing last-mile connectivity for the company’s integrated Gas-to-Ammonia-to-Chemicals value chain.
The agreement builds on DFPCL’s long-term LNG supply contract with Norwegian energy major Equinor ASA and ensures smooth logistical and commercial arrangements for delivering imported LNG to its manufacturing facilities in Taloja, Mumbai, through the existing national gas grid.
Under the terms of the five-year contract, Petronet LNG will regasify approximately 25 TBTUs of LNG annually—after an initial ramp-up phase—primarily at its Dahej terminal. The regasified natural gas will then be supplied to DFPCL and PCL’s units for internal consumption, powering a robust production line that stretches from ammonia to nitric acid and downstream products such as NPK fertilisers, industrial chemicals, and mining chemicals.
This end-to-end integration provides DFPCL with a unique competitive edge, enabling it to deliver customised, value-added chemical solutions across sectors. The deal also supports the company’s forward integration strategy, reinforcing its ambition to offer risk-mitigated and value-accretive products aligned with India’s industrial and agricultural growth.
Importantly, the agreement is a domestic transaction, with no promoter or related party involvement, and is executed on an arm’s length basis.
With this critical tie-up, Deepak Fertilisers continues to enhance its strategic infrastructure and supply security—strengthening its position as a key player in India’s chemical and fertiliser ecosystem.
