CURRENT AFFAIRS

Detailed explanation-1: -NTPC raises Asia’s largest Japanese yen loan worth USD 750 Million. New Delhi, February 3rd, 2020: India’s largest power generator NTPC Limited has raised syndicated Japanese yen loan worth USD 750 million.

Detailed explanation-2: -Indian Maharatna Public sector enterprise NTPC Ltd has recently raised $750 million syndicated Japanese yen loan, which will help to reduce air pollution from its power projects across India.

Detailed explanation-3: -NTPC is India’s largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. Since then it has established itself as the dominant power major with presence in the entire value chain of the power generation business.

Detailed explanation-4: -With 25 coal based power stations, NTPC is the largest thermal power generating company in the country. The company has a coal based installed capacity of 51, 150 MW.

Detailed explanation-5: -NTPC is committed to generating power responsibly and sustainably. Besides fossil fuels the company has diversified into producing energy through cleaner and greener sources such as hydro and solar energy. NTPC occupies the premier position in the Indian energy sector in terms of size and efficiency.