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NRL Secures ₹3,482 Crore Term Loan from NaBFID for Paradip-Numaligarh Pipeline

NRL signs ₹3,482 Crore Term Loan Facility Agreement with NaBFID to fund the Paradip-Numaligarh Crude Oil Pipeline (PNCPL), enhancing energy infrastructure and optimizing finance costs.
NRL Secures ₹3,482 Crore Term Loan from NaBFID for Paradip-Numaligarh Pipeline

Guwahati, March 13, 2026: Numaligarh Refinery Limited (NRL) has signed a Term Loan Facility Agreement with the National Bank for Financing Infrastructure and Development (NaBFID) to secure financial assistance of ₹3,482 Crores. The funding will support the implementation of the Paradip-Numaligarh Crude Oil Pipeline (PNCPL), reinforcing NRL’s ongoing efforts to optimize finance costs and strengthen infrastructure.

 

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The agreement was executed at NRL’s Corporate Office in Guwahati by Mr. Pratul Saikia, Sr. CGM (Finance) & CRO, on behalf of NRL, and Mr. Dinesh Kadam, Vice President, representing NaBFID.

This strategic financing milestone underscores NRL’s commitment to enhancing energy infrastructure efficiency while maintaining prudent financial management, paving the way for timely completion of the PNCPL project and contributing to India’s energy security.

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