With Which bank NTPC signs Rs 3,000 crore term loan agreement? – InterviewSolution

InterviewSolution

1.	With Which bank NTPC signs Rs 3,000 crore term loan agreement?
Answer» State-owned National thermal Plant Corporation (NTPC) signed a term loan agreement for Rs. 3,000 crore with ICICI Bank for partially funding its capital expenditure. The loan which has a door-to-door tenure of 15 years will be utilized to part finance the capital expenditure of NTPC. It commissioned 3,845 MW capacity and added 2,190 MW to its commercial capacity during 2016-17.

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