The country’s largest thermal power producer NTPC has signed a term loan agreement of Rs 10,000 crore with state-run lender SBI for partially funding its capital expenditure.

“NTPC has signed a term loan agreement for Rs 10,000 crore with State Bank of India. The loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of the company,” NTPC said in a statement.

The loan agreement was signed in the presence of Arup Roy Choudhury, CMD, NTPC, Arundhati Bhattacharya, Chairperson, SBI and K Biswal, Director (Finance) NTPC.