Date:26/08/2008 URL: http://www.thehindu.com/2008/08/26/stories/2008082655861600.htm

Business

NTPC seeks Govt. nod to raise $25b-ECBs

NEW DELHI: State-run power company NTPC has approached the Government for free access to external capital markets for raising debt of around Rs 1.05 lakh crore (about $25 billion) to become a 50,000 MW company by 2012. The ECB would include Rs. 60,300 crore in foreign currency and Rs. 45,200 crore in rupee.