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NTPC inks term loan agreement for $250 million

06 Feb 2013 Evaluate

NTPC has entered into term loan agreement for $250 million with State Bank of India, New York Branch and Mizuho Corporate Bank, Singapore Branch as arrangers and lenders. The company will use the proceeds of the loan towards capital expenditure for procurement of goods and services for the ongoing and new projects and renovation and modernization of stations of the company.

The loan carries a floating rate of interest linked to London Interbank Offered Rate (LIBOR) and has a door to door maturity of 7 years.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

NTPC Share Price

340.90 2.90 (0.86%)
21-Aug-2026 11:58 View Price Chart
Peers
Company Name CMP
NTPC 340.90
Tata Power 375.30
Power Grid Corpn. 272.25
Adani Power 203.75
Torrent Power 1251.10
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