7 Feb 2020
EUR 9.46 million
Energy and water
|Date of agreement:||15 Feb 2008|
|Amount in EUR:||EUR 68.6 million|
|NACE sector / loan type:||Electricity, gas, steam and hot water supply|
|Business area:||Energy and water|
The loan 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.