Mumbai, March 27 -- NTPC group has entered into foreign currency loan agreements with the Japan Bank for International Co-operation (JBIC), the Japanese Government policy-based financial institution, aggregating JPY 30 billion (Aprox.. USD 200 million/Rs. 1650 crore) i.e. JPY 15 billion each for NTPC Limited and NTPC Renewables Energy Limited (NREL). JBIC has provided 60% of the facility amount and the balance of the facility amount has been provided by other commercial banks under JBIC guarantee. The facility has been extended under JBIC's initiative entitled 'Global action for Reconciling Economic growth and Environment preservation' ("GREEN") for projects which ensure conservation of global environment.

The loan proceeds shall be util...