REC Limited to Provide ₹1,869 Crores Term Loan for Kiru Hydro Electric Project

Kiru Hydro Electric Project

REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with a financial assistance of ₹ 1,869.265 crores as Term Loan. The loan will be utilized for Development, Construction and Operation of the … Read more