NTPC Holds Foreign Lenders Meet in Mumbai on June 22

The meeting was aimed at updating the foreign lenders and financial institutions about the company’s operational and financial performance during FY18, its future growth plans and funding requirements etc.

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Energy conglomerate NTPC held its 16th Foreign Lenders Meet in Mumbai on 22nd June 2018.

The meeting was aimed at updating the foreign lenders and financial institutions about the company’s operational and financial performance during FY18, its future growth plans and funding requirements etc.

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Moreover, a detailed presentation was made by NTPC Director (Finance) K Sreekant covering various aspects of the company’s performance and future growth plans.

Besides, international credit rating agencies S&P, Fitch and Moody’s also presented their perspective on NTPC’s credit quality, trends in the power sector in the APAC region, prospects and developments in the Indian power sector etc.

Further, the meet was attended by around sixty representatives from various financial institutions and banks.

Meanwhile, Rajesh Kumar, RED (West-1), Sudhir Arya, CFO, A.K. Gautam, GM (Finance), and Y.B. Mishra, GM (Finance), WR1HQ were also present during the meet.