PFC Signs Mou For Rs 25,000Cr Loans To Power Projects In Gujarat menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Power Finance Corp. signed a memorandum of understanding worth Rs 25,000 crore with the Gujarat government on Wednesday to provide comprehensive financial backing for the generation, transmission, and distribution projects.
It was signed by PFC Chairperson Parminder Chopra and Jai Prakash Shivhare, MD of Gujarat Urja Vikas Nigam Ltd., in the presence of CM Bhupendra Patel in Gandhinagar.
It is set to facilitate long-term debt and other critical-funding necessities, the Ministry of Power said.