New Delhi: NTPC Limited organized its 13th Foreign Lenders Meet in Mumbai recently. The Meet is organised annually to appraise foreign banks and financial institutions about the company’s operational and financial performance, growth plans and funding requirement. The Meet underscores the commitment of the company to engage with its stakeholders for mobilisation of resources at an optimum cost in view of its massive growth plans.
Participants from India and abroad representing banks and financial institutions, including KfW, Germany, Japan Bank for International Cooperation and Export-Import Bank of Korea attended the event. Presentations were made by international credit rating agencies Standard & Poor and Fitch Ratings, on the company’s credit quality in the backdrop of India’s economic environment and sovereign ratings on the occasion. Shri K.Biswal , Director (Finance ) NTPC addressed the participants. Shri G J Deshpande, RED (West-I) NTPC Ltd, Shri Sudhir Arya, Executive Director (Finance) and Shri K Sreekant, General Manager (Finance) were present.