Powergrid Signs Rs 10 K Cr Term Loan With SBI To Fund Capex Needs

Powergrid Signs Rs 10 K Cr Term Loan With SBI To Fund Capex Needs

State-owned transmission major, POWERGRID has entered into a term loan facility agreement for ₹10,000 Crore with State Bank of India (SBI) today, for meeting capital expenditure for expansion/ renovation and setting up of various undergoing and new transmission & other projects in the company and in identified SPVs/JVs of the company.

NTPC signs Term Loan of ₹1500 crore with HDFC Bank

NTPC signs Term Loan of ₹1500 crore with HDFC Bank

NTPC has signed term loan agreement for ₹1500 crore with HDFC Bank Limited on 10th July, 2018. The loan facility is extended at an interest rate linked to 3- 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 NTPC.