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NTPC enters into fixed interest rate facility for EUR 52 million with KfW

13 Sep 2013 Evaluate

NTPC has entered into a Commercial Interest Reference Rate based fixed interest rate facility for EUR 52 million with KfW, the German government developmental financial institution on September 12, 2013. The facility has a door to door maturity of 15 years and shall be utilized to part finance the capital expenditure on Mouda Stage-II Project.

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.

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
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