PFC & REC extend term loan of Rs 8,520.46 crore to STPL

Power Finance Corporation (PFC) along and REC Ltd. (REC) have executed an MoU with SJVN Thermal (P) Ltd. (STPL) for extending term loan of Rs 8,520.46 crore for 2×660 MW Buxar Thermal Power Project. STPL is a wholly owned subsidiary of SJVN Limited and executing the project.

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