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External Commercial Borrowing

Jaikumar Srinivasan, Director (Finance), NTPC Limited LimeLight

NTPC Secures USD 750 Million External Commercial Borrowing for Capital Expenditure

NTPC Limited secured a $750 million unsecured ECB Syndicated Term Loan with a 10-year tenor, arranged by Bank of Baroda and HDFC Bank through GIFT City IBUs. Funds will finance capex for new and existing projects, including renewable energy and FGD, and refinance ECBs.

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