PFC sanctions Rs 10,000 cr credit to NTPC
NTPC, which generates nearly 30,000 Mw, is aiming at a capacity of 50,000 Mw by 2012. In its biggest-ever credit line, the Power Finance Corporation (PFC) will lend Rs 10,000 crore to the country's largest power producer, NTPC, for various projects to be completed in the current 11th Five-Year Plan. According to officials, the MoU between the two PSUs is likely to be signed in the next one week and the money will be disbursed in instalments.