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NTPC signs Rs 2,000 cr term loan with Canara Bank

Friday - April 5, 2019 9:28 pm , Category : BUSINESS
New Delhi, April 5 (IANS) The country's largest power producer NTPC has signed a term loan agreement for Rs 2,000 crore with Canara Bank.
The loan facility is extended at an interest rate linked to three months MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the NTPC.

--IANS sn/rs/bg