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NTPC Enters JPY 50 Billion Loan Agreement with JBIC

NTPC Enters JPY 50 Billion Loan Agreement with JBIC

In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s Global action for Reconciling Economic growth and ENvironmental preservation (GREEN) operation, India’s largest power producer on Wednesday entered into a foreign currency loan agreement with the Japanese Government’s financial institution for JPY 50 billion (nearly $482 million or Rs 35.82 billion).