https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

IRFC Emerges as Lowest Bidder for Rs. 5,000 Crore Loan to NTPC

As the dedicated financial arm of Indian Railways, IRFC’s participation in this transaction marks another step towards diversifying its financial portfolio
Indian Masterminds Stories

Indian Railway Finance Corporation Limited (IRFC), a public sector undertaking under the Ministry of Railways, has emerged as the lowest (L1) bidder for extending a Rs. 5,000 crore Rupee Term Loan (RTL) to NTPC Limited, India’s leading integrated power utility.

Also Read: POWERGRID Commissions 85 MW Solar Plant in Ujjain; Launches AI-Enabled UNMS Control Center

The proposed loan will be directed towards supporting NTPC’s capital expenditure needs, including new capacity additions, project acquisitions, renewable energy initiatives, and the renovation and modernisation of existing assets. Additionally, the funds may be utilised for refinancing existing loans.

IRFC submitted its bid on April 18, and NTPC, through its communication dated April 24, has confirmed acceptance of IRFC’s offer. However, the proposal is still subject to further due diligence, approval by IRFC’s Board of Directors, and finalisation of terms with NTPC.

As the dedicated financial arm of Indian Railways, IRFC’s participation in this transaction marks another step towards diversifying its financial portfolio. This initiative also aligns with NTPC’s broader agenda of green energy expansion and infrastructure growth. Notably, IRFC had previously signed a similar Rs. 5,000 crore RTL agreement with NTPC Renewable Energy Limited (NTPC REL), reinforcing its role in financing India’s energy transition.

Also Read: IFS Shiv Pal Singh’s Tenure as CVO of BHEL Extended Until 2026 – Know About Him


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
CISF
Leadership Reshuffle Expected in CAPFs as ITBP, CISF Chiefs Retire; New DG Appointments Likely Soon
Two crossed national flags on wooden table
India-US Trade Deal Talks Make Progress; Both Sides Aim to Fast-Track Agreement and Ease Tariff Tensions
Union Minister Sarbananda Sonowal
India Set to Attract ₹80 Lakh Crore Investment, Create 1.5 Crore Jobs in Maritime Sector: Minister Sonowal
UP Government Uttar Pradesh Yogi
Uttar Pradesh Govt Transfers 16 IAS Officers in Major Reshuffle; Lucknow Commissioner Replaced, B Chandrakala Gets Forest Dept
Varchasva Rajesh Kumar Pandey
‘Varchasva’ by Former IPS Officer Rajesh Kumar Pandey Wins Rajbhasha Puruskar 2024
DoPT-resized
Nagaland cadre IAS Officer Ajit Kumar Ranjan Appointed Deputy Secretary in DoPT, Will Serve at Centre Until 2028
RINL
Leadership Update: Rakesh Nandan Sahay Appointed as Director (Personnel) at RINL, Selected by PESB from Among 10 Candidates
coal-India-limited-scaled
Coal India Secures Ontillu-Chandragiri Rare Earth Block in Andhra Pradesh, Strengthens Critical Minerals Portfolio
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
K M Abharna IFS Eco Warrior Awards 2025
Meet K. M. Abharna, the IFS Officer Behind Avni’s Case and Vidya Balan’s Sherni Role
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
Tamil Nadu Gaur Rescue
Tiruchirappalli Forest Officials Risk Lives to Rescue Juvenile Gaur; Video Shared by IAS Officer Goes Viral
Trichy forest and fire teams risk lives to rescue a juvenile Indian gaur; IAS officer Supriya Sahu shares...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
CISF
Leadership Reshuffle Expected in CAPFs as ITBP, CISF Chiefs Retire; New DG Appointments Likely Soon
Two crossed national flags on wooden table
India-US Trade Deal Talks Make Progress; Both Sides Aim to Fast-Track Agreement and Ease Tariff Tensions
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
IFS Uttam Kumar Sharma Interview
K M Abharna IFS Eco Warrior Awards 2025
ADVERTISEMENT
ADVERTISEMENT