PFC signs MoU with Gujarat govt for power projects worth Rs 25,000 crore
Power Finance Corporation (PFC) on Wednesday signed a Memorandum of Understanding (MoU) with the Gujarat government to provide comprehensive financial backing for the state’s generation, transmission, and distribution projects worth Rs 25,000 crore.
“The collaboration is set to facilitate long-term debt and other critical funding necessities vital for executing these diverse projects,” the Ministry of Power said in a release.
The agreement will not only focus on the expansion of power infrastructure but also help create employment generation of up to 10,000 in the state.
