NTPC intends to raise up to Rs 62.13 bn dollar term loan in Japanese yen
POWER & RENEWABLE ENERGY

NTPC intends to raise up to Rs 62.13 bn dollar term loan in Japanese yen

To finance its capital expenditure on new and ongoing projects, state-owned power producer NTPC intends to raise a term loan in the amount of Rs 62.13 billion in Japanese Yen (JPY) denomination.

For the JPY loan, which will be obtained through external commercial borrowing, the corporation has requested bids.

Additionally, it was announced that the loan's revenues would be used to refinance previous ECB/Rupee loans that had been taken out domestically for CAPEX (capital expenditures), renewable energy projects, including hydro and coal mining.

The deadline for bid submission is March 1, 2023, and proposals will be accepted on that date.

The largest power-producing company in India is NTPC. With presence across the whole value chain of the power generation industry, it holds a strong position in the domestic power sector.

The third part capacity of the 300 MW Nokhra Solar PV Project in Bikaner, Rajasthan, which is 50 MW, is declared to be in commercial operation with effect from February 16, 2023.

With effect from December 20, 2022, the first part capacity of 100 MW and the second part capacity of 50 MW have already been announced to be in commercial operation.

Also read:
Nepal, India agrees to allow export of power longterm basis
Power minister approves two-year ALMM exemption for solar projects


To finance its capital expenditure on new and ongoing projects, state-owned power producer NTPC intends to raise a term loan in the amount of Rs 62.13 billion in Japanese Yen (JPY) denomination. For the JPY loan, which will be obtained through external commercial borrowing, the corporation has requested bids. Additionally, it was announced that the loan's revenues would be used to refinance previous ECB/Rupee loans that had been taken out domestically for CAPEX (capital expenditures), renewable energy projects, including hydro and coal mining. The deadline for bid submission is March 1, 2023, and proposals will be accepted on that date. The largest power-producing company in India is NTPC. With presence across the whole value chain of the power generation industry, it holds a strong position in the domestic power sector. The third part capacity of the 300 MW Nokhra Solar PV Project in Bikaner, Rajasthan, which is 50 MW, is declared to be in commercial operation with effect from February 16, 2023. With effect from December 20, 2022, the first part capacity of 100 MW and the second part capacity of 50 MW have already been announced to be in commercial operation. Also read: Nepal, India agrees to allow export of power longterm basis Power minister approves two-year ALMM exemption for solar projects

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?