NTPC signs term loan of Rs 20 billion with Canara Bank

NTPC signed a term loan agreement for Rs 20 billion with Canara Bank on April 5, 2019. The loan facility has been extended at an interest rate linked to the three-month marginal cost of funds based lending rate of the bank. This loan has a door-to-door tenor of 15 years and will be utilised to part-finance NTPC’s capital expenditure.

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