{"id":462283,"date":"2022-01-18T08:57:35","date_gmt":"2022-01-18T03:27:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=462283"},"modified":"2022-01-18T09:17:41","modified_gmt":"2022-01-18T03:47:41","slug":"ntpc-to-raise-750-mn-via-ecb-term-loan-for-expansion-in-re-coal-mining","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-to-raise-750-mn-via-ecb-term-loan-for-expansion-in-re-coal-mining\/","title":{"rendered":"NTPC to raise $750 mn via ECB term loan for expansion in RE, coal mining"},"content":{"rendered":"<p>India\u2019s largest power generating company, state-owned NTPC limited will raise $750 million through external commercial borrowing as term loan to fund its expansion plans in the renewable energy and coal mining businesses.<\/p>\n<p>The company floated a \u2018request for proposal\u2019 (RfP) on Monday. \u201cNTPC Ltd is looking to raise external commercial borrowing (ECB) in the form of term loan amounting to $500 million plus green shoe option of $250 million,\u201d the RfP said. <\/p>\n<p>The RfP stated, the proceeds from the loan would be utilised towards \u201ccapital expenditure for ongoing\/new capacity addition programme including renewable energy projects, coal mining &amp; washeries, refinancing of existing ECBs\/rupee loans availed domestically for capex etc.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest power generating company, state-owned NTPC limited will raise $750 million through external commercial borrowing as term loan to fund its expansion plans in the renewable energy and coal mining businesses. The company floated a \u2018request for proposal\u2019 (RfP) on Monday. \u201cNTPC Ltd is looking to raise external commercial borrowing (ECB) in the form of term loan amounting to $500 million plus green shoe option of $250 million,\u201d the RfP said. The RfP stated, the proceeds from the loan would be utilised towards \u201ccapital expenditure for ongoing\/new capacity addition programme including renewable energy projects, coal mining &amp; washeries, refinancing [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-462283","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=462283"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/462283\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=462283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=462283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=462283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}