NTPC signs 55-mn euro loan agreement with Germany`s KfW

NEW DELHI. NTPC has tied up a loan facility for 55 million euro with German developmental financial institution KfW to part finance the capital

expenditure of its Mouda thermal power project in Maharashtra.

"An agreement to this effect was signed today by G K Sadhu, Executive Director (Finance), on behalf of NTPC with KfW for 55 million euro (about Rs

467 crore)," NTPC said in a statement today. The facility has a door-to-door maturity of 12 years, including availability period of four years.

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