NTPC inks term loan agreement for Rs 5,000 crore with SBI
9th Dec 2019

NTPC has inked a term loan agreement for Rs 5,000 crore with State Bank of India (SBI). The loan facility has been extended at an interest rate linked to 3-month MCLR (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years. The loan will be utilized to part finance the capital expenditure of NTPC.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.