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New UserNTPC signs term loan of Rs 10,000 crore with SBI
16 Jan 2015
January 16: NTPC, the largest power utility in the country, signed a term loan agreement for Rs 10,000 crore with the State Bank of India on January 15, 2015, the company said in a release.
The loan has a door-to-door tenure of 15 years and will be utilised to part-finance the capital expenditure, the release.
The loan agreement was signed in the presence of Dr Arup Roy Choudhury, CMD, NTPC, Arundhati Bhattacharya, Chairperson, SBI, and K Biswal, Director (Finance) NTPC.