Current Affairs · Agreements and Funding
In June 2025, NTPC Limited finalized a significant funding agreement worth USD 750 million, aimed at supporting various energy-related projects in India. Which projects will this USD 750 million funding primarily support, and what is the loan's average maturity period?
- 1Renewable energy and capacity addition projects, average maturity 7 years✓
- 2Mining expansion, 2-year average maturity
- 3R&D in nuclear reactors, 5-year average maturity
- 4Grid modernization, 15-year average maturity
Correct answer
Renewable energy and capacity addition projects, average maturity 7 years
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