NTPC signs Rs. 3,000-cr term loan agreement with ICICI Bank

NTPC has signed a term loan agreement for Rs 3,000 crore with ICICI Bank for partially funding its capital expenditure signed on 29th Aug 2017. The loan has a tenure of 15 years and it will be utilised to part finance the capital expenditure of NTPC. NTPC commissioned 3,845 mw capacity and added 2,190 mw to its commercial capacity during 2016-17. The installed capacity of the group is 51,671 mw as on31st July and has over 28,000 mw of capacity under construction.