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NTPC signs Rs 1,500 crore term loan pact with HDFC Bank

13 Jul 2018 Evaluate

NTPC has signed a term loan agreement with HDFC Bank for availing a loan of Rs 1,500 crore. The 15-year loan will bear an interest rate linked to 3-months MCLR of the bank. This loan has a door-to-door tenure of 15 years and will be utilised 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.

Peers
Company Name CMP
NTPC 321.30
Tata Power 351.00
Adani Power 200.70
Power Grid Corpn. 257.00
Adani Energy Solut. 1346.40
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