NTPC provides update on Maitree Super Thermal Power Project

Project achieves financial closure with loan from Indian Exim Bank of USD 1.6 billion

NTPC announced that Bangladesh India Friendship Power Company, a 50:50 Joint Venture Company between NTPC and Bangladesh Power Development Board has achieved Financial Closure on 10 April 2017 to set up 1320 MW (2 x 660 MW) Coal based Maitree Super Thermal Power Project at Rampal in Bagerhat District of Khulna division, Bangladesh. An agreement was signed with Indian Exim Bank to provide loan up to USD 1.6 Billion for financing this project.

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