National News

NTPC Holds 17th Foreign Lenders Meet in Mumbai

Purpose of the meet was to brief the representatives of the foreign banks and financial institutions about the company’s Operational and Financial performance during the financial year 2018-19

PSU Watch Bureau

Mumbai: NTPC Limited held its 17th Foreign Lenders Meet in Mumbai on Tuesday. The meet was aimed to brief the representatives of the foreign banks and financial institutions about the company's Operational and Financial performance during the financial year 2018-19, growth plans and funding requirements, etc. for the future.

A detailed presentation was made by A. K. Gautam, ED (Finance), covering various aspects of NTPC's performance and future growth plans. International credit rating agencies S&P, Fitch and Moody's presented their perspective on the company credit quality, trends in the power sector in the APAC region, prospects and developments in the Indian Power Sector. K Sreekant, Director (Finance), Sudhir Arya, CFO, and A. K. Gautam, ED (Finance) interacted with the lenders and answered their queries. Around 50 representatives from various financial institutions, banks attended the meet.

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