NTPC, the largest power generator in the country has tied up a fixed interest term loan facility for Euro 55 million with KfW, the German government developmental financial institution to part finance the capital expenditure on Electro Static Precipitators and other selected packages of its Mouda Stage-II power project.
The facility has a door to door maturity of 12 years including availability period of 4 years. The loan is on a standalone basis without sovereign guarantee reflecting the trust and confidence reposed by the German financial institution in NTPC’s strong credit quality and professional management.
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.
Company Name | CMP |
---|---|
NTPC | 360.70 |
Tata Power | 443.45 |
Power Grid Corp | 309.35 |
Adani Power | 767.25 |
Torrent Power | 1480.00 |
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