September 19, 2021
  • September 19, 2021
  • Home
  • Loans offer
  • NTPC launches tender to raise up to 5,000 crore rupees as rupee term loan

NTPC launches tender to raise up to 5,000 crore rupees as rupee term loan

By on August 11, 2021 0

India’s largest power generation company, NTPC Limited, has issued a tender to raise up to Rs 5,000 crore in the form of a rupee term loan. The company on Wednesday issued a “request for proposal” for the same.

NTPC said the loan will be used for capital spending for ongoing / new capacity add-on programs.

This includes the takeover of projects, the buyout of the Indian government’s stake in public sector utilities under the Centre’s divestment program, renewable energy projects, coal mines and laundries, renovation and modernization of various projects, loan refinancing and general corporate objectives. , etc.

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor


Source link

Leave a comment

Your email address will not be published. Required fields are marked *