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NTPC completes transfer of 15 renewable energy assets to subsidiary

NTPC completed the closing of the transactions in relation to consolidating its renewable energy portfolio under one umbrella entity i.e., NTPC Green Energy ....

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NTPC Green Energy to raise up to ₹9,000 cr term loan

NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a rupee-denominated term loan of up to Rs 9,000 crore.

The bid document showed that NGEL intends to raise fresh debt and repay outstanding liability of Rs 8,200 crore towards NTPC by March 31, 2023 along with applicable interest cost.

It also stated that additional funds of Rs 800 crore would be required ....

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NTPC Green Energy to raise up to ₹9,000 crore in term loan

The amount will be used to repay debt obligations towards NTPC against acquisition of 15 RE assets and further capex for these assets ....

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