REC provides Rs 130 billion loan to MAHAGENCO

The Rural Electrification Corporation Limited has sanctioned Rs 130 billion as loan to MAHAGENCO. The loan is not restricted to renewable energy projects and can also be utilised to set up thermal power plants as well as auxiliary equipment such as flue gas de-sulphurisers in them. This would help make power projects viable by providing easy financing.

GET FREE ACCESS TO OUR ARTICLES

Enter your email address