NTPC Ltd.

NTPC’s arm - Patratu Vidyut Utpadan Nigam (PVUNL) and Rural Electrification Corporation (REC) have signed a loan agreement for establishing the 3x800 MW Patratu Super Thermal Power Project Phase-I in Jharkhand.

The project cost of Rs 18,668 crore is funded in debt equity ratio of 75:25 and Rs 14,000 crore. The entire debt component of the project is sanctioned by REC as sole lender for the project. PVUNL is a subsidiary of NTPC holding 74% stake in the company.

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.