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NTPC signs Rs 2,000 cr term loan with Canara Bank

IANS 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.

--IANS

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First Published: Apr 05 2019 | 9:28 PM IST

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