India's NTPC raises $104 mln loan from Nordic Inv
MUMBAI, Feb 28 (Reuters) - Indian state-run power producer NTPC Ltd (NTPC.BO) has signed a loan agreement for 68.56 million euros ($104 million) with Nordic Investment Bank to part fund its capital expenditure.
The 12-year loan carries a floating interest rate linked to EURIBOR, and is without a sovereign guarantee, the company said late on Wednesday. ($1=0.6607 Euro) (Reporting by Hiral Vora; Editing by Ranjit Gangadharan)
© Thomson Reuters 2009 All rights reserved


