| Date of loan: | 15 Feb 2008 |
|---|---|
| Country: | India |
| Customer: | NTPC Limited |
| Amount in EUR: | EUR 68.563 million |
| NACE sector / loan type: | Electricity, gas, steam and hot water supply |
| Energy and environment |
The 12-year-maturity loan totalling EUR 68,563,000 has been granted to India's NTPC Limited to finance equipment supplies to increase generation capacity and ensure greater efficiency at NTPC's power plants. The corporation is set to add 23 GW its generating capacity by 2012. NTPC is the largest and by far the most efficient power generator in India. As of March 2007, the corporation controls 26 GW, or 20% of India's generating capacity. In fiscal 2007, NTPC generated 189 TWh of energy, which is more than one third of the country's total output that year.
The main environmental issue is emissions to the air resulting from the burning of fossil fuels. NTPC takes relevant environmental and social aspects into consideration in their own project appraisal. All NTPC power stations have been certified according to ISO 14001 and IS 18001.
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