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Power Finance Corp commits Rs 25,000 crore for power sector projects in Gujarat

PFC MoU with Gujarat govt: PFC signs accord with Gujarat Govt for power projects worth Rs 25,000 cr

The Power Finance Corporation (PFC) has signed a Memorandum of Understanding (MoU) with the Gujarat government to provide financial backing for the state s generation, transmission, and distribution projects worth Rs 25,000 crore. The agreement aims to facilitate long-term debt and other critical funding necessities for executing these projects, focusing on the expansion of power infrastructure and creating employment for up to 10,000 people in the state.

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