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NTPC inks pact with Japanese agency for $200 million loan

27 Mar 2024 Evaluate

NTPC has inked a pact with a Japanese agency for sourcing foreign currency loans of $200 million (JPY 30 billion or around Rs 1,650 crore). Japan Bank for International Cooperation (JBIC), a government policy-based financial institution, will provide 60 per cent of the facility amount and the balance amount will be provided by other commercial banks under JBIC guarantee.

The agreements have been signed for a JPY 15 billion loan each for NTPC and NTPC Renewables Energy. The facility has been extended under JBIC's initiative entitled 'Global action for Reconciling Economic growth and Environment preservation' (GREEN) for projects which ensure the conservation of the global environment. The loan proceeds shall be utilized by NTPC for funding part of its capex requirements for Flue Gas Desulphurization (FGD) which substantially reduces the SOx emission in the flue gases of thermal power stations and is a positive step towards environmental sustainability.

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.

NTPC Share Price

393.65 2.85 (0.73%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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