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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

Press Trust of India  |  New Delhi 

SBI plans to mop up Rs 5,000-crore debt capital via tier-II bonds
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Power generation company 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 (marginal cost of funds-based lending rate) of the bank and has a door-to-door tenure of 15 years, said in a statement.

The loan will be utilised to part finance the of NTPC, it said.

First Published: Sat, December 07 2019. 15:24 IST
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