New Delhi, 13 June 2025: NTPC Ltd has executed an unsecured term loan agreement of ₹ 5000 crore with the Indian Railway Finance Corporation Ltd. (IRFC), the dedicated funding arm of Indian Railways. The loan has a door-to-door tenure of 15 years and the proceeds shall be utilized by NTPC for funding part of its capex requirements for ongoing/new capacity addition program including takeover of projects, renewable energy projects, renovation & modernization program, coal mining business, refinancing of loans etc. This is the first such loan executed between NTPC and IRFC.
The loan agreement for NTPC and IRFC was signed by Shri Arvind Babu, General Manager (Finance), NTPC Ltd and Shri Sunil Kumar Goel, GGM (BD) & CFO, IRFC in the distinguished presence of Shri Jaikumar Srinivasan, Director (Finance), NTPC Ltd and Shri Randhir Sahay, Director (Finance), IRFC on 10 June 2025 at a ceremony held at NTPC Corporate office, New Delhi.
