9.90 (2.84%) NTPC has signed a term loan agreement for Rs 2,000 crore with HDFC Bank and another similar agreement with Syndicate Bank for Rs 1,000 crore. Both the loan agreements have a door-to-door tenure of 15 years. Further, the funds raised from these will be utilized to part-finance its capital expenditure.
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