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Home > News > NTPL signs pact with banks for 1,000-MW project > NTPL signs pact with banks for 1,000-MW project

NTPL signs pact with banks for 1,000-MW project [1]

First unit of 500 MW likely to go on stream in December 2013

A consortium of banks has agreed to lend Rs. 937 crore for the 1,000-MW NTPL power project, a joint venture of the Neyveli Lignite Corporation and the Tamil Nadu Power Generation and Distribution Corporation. The project is coming up at Tuticorin. The agreement was signed by NLC Director (Finance) Rakesh Kumar and Bank of India Deputy General Manager (Mumbai) S. Gunasekar on the NLC premises on Monday.

Publication Date: 
19/02/2013
A.V. Ragunathan [2]
Hindu (New Delhi) [3]
Tags:
Tamil Nadu [4], Tuticorin [5], Power Industry [6], Mahanadi Coalfields [7], Coal India [8], State Electricity Board (SEB) [9], Energy [10]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/ntpl-signs-pact-banks-1000-mw-project

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/ntpl-signs-pact-banks-1000-mw-project
[2] http://admin.indiaenvironmentportal.org.in/category/author/av-ragunathan
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tamil-nadu
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tuticorin
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mahanadi-coalfields
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/state-electricity-board-seb
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy