RECL FINANCES 3X660 MW NABINAGAR PROJECT OF NTPC JV

REC Ltd. executed Loan Agreement on 08-Feb-2013 for Rs. 8775 Cr. with Nabinagar Power Generation Co. Pvt. Ltd (NPGCPL), a JV of NTPC & BSEB for financing of its 3×660 MW Nabinagar Super Thermal Power project situated in Aurangabad, Bihar. It is the largest Loan facility extended by REC Ltd. on standalone basis.

Shri. Rajeev Sharma, CMD, REC Ltd. and Shri. A.K.Singhal, Director (Finance), NTPC Ltd. along with officials of REC Ltd.,NTPC and NPGCPL on the occasion of signing of Loan Agreement.