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NTPC signed Term Loan of ₹5000 Crore with State Bank of India

NTPC signed Term Loan of ₹5000 Crore with State Bank of India

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NTPC signed Term Loan of ₹5000 Crore with State Bank of India

A term loan agreement for ₹5000 Crore was signed with State Bank of India on 28th September, 2018.

This loan has a door to door tenure of 12 years and will be utilised to part finance the capital expenditure of NTPC.

The loan agreement was signed by Shri Sudhir Arya, Chief Financial Officer, NTPC Ltd and Shri Neelabh Sinha, Dy General Manager, State Bank of India.

Source: ntpc.co.in
Anand Gupta Editor - EQ Int'l Media Network

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