MoneyWorks4Me

NTPC raises Asia's largest Japanese yen loan worth $750 million

03 Feb 2020 Evaluate

NTPC has become the top company in Asia to raise the largest syndicated Japanese yen loan worth $750 million (around Rs 5,367 crore). The loan has been raised under the automatic route of RBI's external commercial borrowings regulations and is also the highest ever single foreign currency loan raised by NTPC. The facility has a door-to-door maturity of 11 years under two tranches.

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 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
View more..