Foreign Lenders Meet of NTPC
30th Jun, 2016
NTPC Limited held its 14th Foreign Lenders Meet in Mumbai recently to update the foreign banks and financial institutions about company’s operational, financial performance, green initiatives etc. during financial year 2015-16 along with growth plans, funding requirements etc.
The meeting commenced with the corporate presentation made by Shri K Bswal, Director (Finance) covering highlights of fiscal 2016 and growth plans. International credit rating agencies, Standard & Poor and Fitch Ratings presented their perspective on the company’s credit quality in the backdrop of Indian power sector and global economic environment on the occasion.
The meet was attended by participants from large number of foreign banks and financial institutions including French Development Agency (AFD), Japan Bank for International Cooperation and KfW IPEX Bank.
One on one meetings were also held with select banks keen on discussing opportunities to fund the company’s capital expansion plans
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