REC inks ` 13K Cr MoU with Mahagenco

Rural Electrification Corporation (REC) Limited, a Navratna PSU involved in financing all segments of power sector, has signed a Memorandum of Understanding (MoU) extending a term loan worth `13,000 crore to Mahagenco for generation projects, FGD systems, STP, working capital and special loan requirements.

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