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REC Limited to extend term loan of ₹ 1, 869 crores for Kiru Hydro Electric Project in Kishtwar, J&K

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Written by: JK Monitor News Network
JAMMU: 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 Greenfield 4 x156 MW Kiru Hydro Electric Project on River Chenab, in Kishtwar district of Jammu & Kashmir.

Read more: REC Limited to extend term loan of ₹ 1, 869 crores for Kiru Hydro Electric Project in Kishtwar, J&K

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