NTPC signs Rs 2000 crore term loan with Canara Bank

Last Updated: Sat, Apr 06, 2019 13:12 hrs
Canara Bank Theni

New Delhi: 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.