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Thursday, February 28, 2008

NTPC - Updates

National Thermal Power Corporation Ltd (NTPC) has informed that the Company has signed a loan Agreement of Euro 68.56 million with the Nordic Investment Bank (NIB) on February 15, 2008, a multilateral financial institution owned by the Nordic and Baltic countries, to part finance the capital expenditure of its projects. The loan has a maturity of 12 years including availability period of 3 years. The loan carries a floating rate of interest linked to EURIBOR and is without sovereign guarantee. This is the first loan that NTPC has tied up with NIB.

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22:45 Fed's Daly speech 2
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04:30 S&P Global Composite PMI 2 51.2 50.5
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