SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NTPC’s JV inks loan agreement for 1,320 Mw power project in UP

29 Jul 2017 Evaluate

NTPC’s joint venture company, Meja Utpadan Nigam has inked a loan agreement for Rs 6,608 crore to finance capital expenditure of the power project consisting of two units of 660 mw being set up at Meja near Allahabad, Uttar Pradesh. The proceeds will be utilised partly, in a bid to refinance costlier loan from a consortium of banks and financial institutions. To ease future cash flows, the loan offers extended repayment period.

Meja Utpadan Nigam is a 50:50 JV of NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam.

NTPC is the largest power utility company in India with a total installed capacity of 51,635 MW. Company has presence in Coal , Gas , Solar PV, Hydro and Wind Power Generation and Coal Mining.

NTPC Share Price

356.75 0.75 (0.21%)
30-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 356.75
Tata Power 385.85
Power Grid Corpn. 286.30
Adani Power 223.70
Torrent Power 1415.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: