PSU Watch logo

| NRL inks pipeline ‘Right to Use’ sharing agreement with IGGL |   | To avert coal, power crisis in future, India mulls strategic coal & gas reserves |   | India's Foreign Exchange Reserves rises $1.49 Billion to touch $641 Billion |   | Cost of energy should not outstrip paying capacity of consuming nations: Hardeep Singh Puri |   | India successfully flight-tests High-Speed Expendable Aerial Target drone 'Abhyas' |   | States asked to align emission reduction targets with Centre, form BEE-like institutions |  

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

NTPC Holds 17th Foreign Lenders Meet in Mumbai
NTPC Holds 17th Foreign Lenders Meet in Mumbai

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.

ALSO READ: NTPC Group installed capacity reaches 64,075 MW

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.

(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)