NTPC signs Rs. 1,500 crore loan agreement with HDFC Bank

Posted on:20 Jul 2018 14:27:51
NTPC signs Rs. 1,500 crore loan agreement with HDFC Bank
20 July 2018 Current Affairs: The loan has a door-to-door tenure of 15 years and will be utilised to partly finance capital expenditure of NTPC (National Thermal Power Corporation Limited), which is India's biggest power producer.

About NTPC Limited:

♦ NTPC is a company incorporated under the Companies Act 1956 and is promoted by the Government of India.

♦ Founded: 1975

♦ Headquarters: New Delhi, India

♦ Owner: Government of India

♦ Purpose: Electricity generation and distribution natural gas exploration, production, transportation and distribution
The loan has a door-to-door tenure of 15 years and will be utilised to partly finance capital expenditure of NTPC (National Thermal Power Corporation Limited), which is India's biggest power producer.

About NTPC Limited:

♦ NTPC is a company incorporated under the Companies Act 1956 and is promoted by the Government of India.

♦ Founded: 1975

♦ Headquarters: New Delhi, India

♦ Owner: Government of India

♦ Purpose: Electricity generation and distribution natural gas exploration, production, transportation and distribution

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