Current Affairs - National - Discussion
Discussion Forum : National - Latest Current Affairs (Q.No. 5814)
5814.
NTPC has recentlysigned________ worth of the largest single foreign currency loan ever?
Answer: Option
Explanation:
State-owned electricity producer NTPC Ltd announced it had signed a 750-million-dollar syndicated loan in Japanese Yen. The proceeds will channelize to fund programs to reduce emissions from power plants and hydro projects. The loan was issued under the automatic route of the External Commercial Borrowing Regulations of Reserve Bank of India and had an 11-year door-to-door maturity under two tranches.
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