NTPC Ink Term-Loan Agreement of Rs.2,000 crore with Canara Bank |
NTPC Ink Term-Loan Agreement of Rs.2,000 crore with Canara Bank
NTPC has inked a term-loan agreement with Canara Bank to raise Rs 2,000 crore. NTPC would be used to part finance its capital expenditure. (April 9th 2019)
The loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the NTPC.
About us:- NTPC
NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and is promoted by the Government of India.
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