Recently, NTPC signed Rs. 1, 500 crore loan agreement with

2018

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	State Bank of India
B	ICICI Bank
C	HDFC Bank
D	Indian Overseas Bank

Explanation:

Detailed explanation-1: -NTPC REL has signed its first Green Term Loan pact of Rs 500 crores with a tenor of 15 years with Bank of India for its 470 MW solar project in Rajasthan and 200 MW solar project in Gujarat.

Detailed explanation-2: -A green loan is a form of financing that enables borrowers to finance projects that have an environmental impact. An example of a green loan is a homeowner taking out a loan to make energy-saving improvements to their home. Green mortgage borrowers can receive up to a 1.25% discount for new construction.

Detailed explanation-3: -Shri Gurdeep Singh (aged 51 years), (DIN: 00307037), took over as Chairman & Managing Director on 4th February 2016. He has an illustrious career spanning nearly three decades in the power sector.

There is 1 question to complete.