DVC secures ₹5,000 crore loan for KTPS Phase-II
after close1 source ↓written by the desknot a recommendation
- term loan
- ₹5,000 crore
Damodar Valley Corporation (DVC) has secured a ₹5,000 crore term loan to fund the KTPS Phase-II expansion. The loan, arranged with Central Bank of India through novation with State Bank of India, marks a significant milestone in DVC's financial strategy and commitment to sustainable growth in the power sector. This financing enhances DVC's project execution capabilities and financial stability.
Not investment advice. For informational purposes only.