DVC signs a loan agreement worth Rs 7935.36 with PFC and REC

DVC signed a loan agreement amounting Rs 7935.36 crores with PFC and REC for implementation of 2x660 MW Raghunathpur Phase-II project in West Bengal
DVC signs a loan agreement worth Rs 7935.36 with PFC and REC
DVC signs a loan agreement worth Rs 7935.36 with PFC and REC
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New Delhi: Damodar Valley Corporation (DVC) signed a loan agreement amounting Rs 7935.36 crores with PFC Limited and REC Limited for implementation of 2x660 MW Raghunathpur Phase-II project in West Bengal.

The agreement was signed in the presence of R N Singh, Chairman, Arup Sarkar Member (Finance), Dr John Mathai, Member (Secretary), M Raghu Ram, Member (Technical), Joydeep Mukherjee, ED (Finance) and Sumit Kumar Das, Sr. GM (Finance) from Damodar Valley Corporation and Rajiv Ranjan Jha, Director (Projects) from PFC and Pankaj Verma, CPM from REC Ltd.

DVC signs a loan agreement worth Rs 7935.36 with PFC and REC
DVC plans capex of Rs 70,000 crore by 2030 to increase power generation capacity

Both PFC and REC extended their heartfelt congratulations to team DVC for continual effort towards business development and expressed their enthusiasm to be a part of the process. Chairman, DVC, in response, conveyed complete assurance towards seamless & timely execution of the project, maintaining absolute transparency in exchange of information.

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