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