KPCL, Syndicate Bank sign loan pact

By Our Banking Bureau | 30 Mar 2002

1
Bangalore: The Karnataka Power Corporation Ltd (KPCL) has signed an agreement with Syndicate Bank for a half-year term loan of Rs 50 crore.

Pending the clearance of the PPAs, this will bridge KPCLs finances for its 210-mw (Unit 7) of the Raichur Thermal Power Station, a press release issued here said.





 

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