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NTPC's joint venture achieves financial closure for Meja Thermal Power Project

Capital Market/ 17:28 , Jun 07, 2012

National Thermal Power Corporation has announced that Meja Urja Nigam, a joint venture of NTPC and UPRVUN has achieved financial closure for Meja Thermal Power Project (1320 MW), located in the state of Uttar Pradesh.

A loan agreement for Rs 7,575 crore was signed on 06 June 2012 with consortium of sixteen banks led by State Bank of India and syndicated by SBI Capital Markets.

 



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