Wednesday, 05 January 2022| PNS | Dehradun
THDC India Limited (THDCIL) and Bank of Baroda (BoB) signed a loan agreement of Rs 2,500 crore at THDCIL’s corporate office in Rishikesh. The loan agreement was signed in order to meet the Capital Expenditure (CAPEX) requirement mainly for THDCIL’s Khurja Super Thermal Power Project (1320MW) and Amelia Coal Mine.
The agreement was signed by the corporation’s AGM (Finance) AK Garg and BoB, GFS, Gurugram DGM NC Roy. THDCIL director (Finance) J Behera, expressed happiness and appreciated the officials of THDCIL and Bank of Baroda for successfully completing the loan agreement. He also added that it is the beginning of our mutual relationship with BOB, as THDCIL is expanding its business operations and would require funds to meet CAPEX plan.
THDCIL is one of the premier power generators in the country with installed capacity of 1587 MW with commissioning of Tehri Dam and HPP (1000 MW), Koteshwar HEP (400 MW) in Uttarakhand, Wind Power Projects of 50 MW at Patan and 63 MW at Dwarka in Gujarat, 24 MW Dhukwan Small Hydro Project, Jhansi, Uttar Pradesh and 50 MW Solar Power Project at Kasaragod, Kerala to its credit.
