NTPC inks Rs 5,000 crore term-loan pact with SBI for capex spending
The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure of 15 years
 "NTPC inks Rs 5,000 crore term-loan pact with SBI for capex spending")
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Power generation company NTPC on Saturday said it has signed a term loan agreement for Rs 5,000 crore was signed with State Bank of India (SBI).
The loan facility has been extended at an interest rate linked to 3-month MCLR (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years, NTPC said in a statement.
The loan will be utilised to part finance the capital expenditure of NTPC, it said.
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