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

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

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

 

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

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