NTPC Ltd.

NTPC has floated a tender to raise Rs 5,000 crore term loan from financial institutions. The company seeks participation of Banks/FIs (Financial Institutions) for the subject RFP (Request For Proposal for raising Rs 5,000 crore term loan).

The minimum amount of loan offered by banks or FIs should be Rs 500 crore or in multiple of Rs 500 crore. The proceeds of the loan will be used for capital expenditure, refinancing of loan and other corporate purposes.

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.