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NTPC Requests Bids From Banks, Financial Institutions To Raise 5,000 Cr Through Term Loans www.thinkwithniche.comban site

State-run NTPC has requested bids from banks and financial institutions by August 31, 2022, with a goal of raising up to 5,000 crore through term loans. The company stated in its request for proposals (RFP) that the loan proceeds would be used for general corporate purposes, loan refinancing, takeover of projects, renewable energy projects, coal mining operations, renovation and modernization programmes for various projects, and general capital expenditures.
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