NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
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NTPC enters into fixed interest rate facility for EUR 52 million with KfW

Date: 13-09-2013

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.