Indian Railway Finance Corporation (IRFC) has participated in a bid for RTL of Rs 5000 crore to NTPC for meeting part of capital expenditure for ongoing/new capacity addition program including takeover of project, renewable energy projects, renovation and modernisation program of various projects, refinancing of loans etc. on April 18, 2025.
In response to the same, NTPC vide letter dated April 24, 2025 has communicated acceptance of the company’s offer. The proposal is subject to further due diligence and approval of Board of Directors and finalisation of detailed sanctioned terms with NTPC.
Indian Railway Finance Corporation (IRFC) is the dedicated market borrowing arm of the Indian Railways.
