IRFC inks INR 5,000 crore loan deal with NTPC REL

Indian Railway Finance Corporation (IRFC: BSE 543257) announced today that it has entered into a loan agreement with NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC Green Energy Limited. The agreement, dated March 25, 2025, is for a Rupee Term Loan (RTL) of Rs 5,000 crore. According to the filing, the funds are intended to finance NTPC REL's ongoing and new capacity addition projects, including refinancing existing loans. IRFC stated that the loan is unsecured but includes a negative lien provision with certain exceptions. The announcement complies with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.