New Delhi: Country’s largest thermal power producer NTPC has signed a term loan agreement of Rs 10,000 crore with state-run lender SBI for partially funding its capital expenditure. [caption id=“attachment_529522” align=“alignleft” width=“380”]  NTPC chairman Arup Roy Choudhury. Image courtesy NTPC[/caption] “NTPC has signed a term loan agreement for Rs 10,000 crore with State Bank of India. The loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the company,” NTPC said in a statement. The loan agreement was signed in the presence of Arup Roy Choudhury , CMD, NTPC , Arundhati Bhattacharya, Chairperson, SBI and K Biswal, Director (Finance) NTPC. Shares of the company were trading at Rs 140, up 0.54 percent on the BSE. PTI
Country’s largest thermal power producer NTPC has signed a term loan agreement of Rs 10,000 crore with state-run lender SBI for partially funding its capital expenditure.
Advertisement
End of Article
Written by FP Archives
see more


)

)
)
)
)
)
)
)
)
