Meja Urja Nigam Private Ltd, 50:50 joint venture between NTPC Ltd and UPRVUN Ltd, has achieved financial closure for Meja Thermal Power Project. The unit consists of two units of 660 MW each and located in Uttar Pradesh. “A loan agreement for Rs 7,575 crore was signed on June 6 with consortium of 16 banks led by State Bank of India,” NTPC said in a statement. The loan has disbursement period of 60 months and is to be repaid in 10 years thereafter. The loan would be utilised for financing capital expenditure of Meja Thermal Power Project. The loan facility was syndicated by SBI Capital Markets Ltd.Meja Urja Nigam Private Ltd, 50:50 joint venture between NTPC Ltd and UPRVUN Ltd, has achie.....
Meja Urja Nigam Private Ltd, 50:50 joint venture between NTPC Ltd and UPRVUN Ltd, has achie.....
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