State-owned public sector undertaking Power Finance Corporation has agreed to extend another credit line of ₹30,000 crore to Telangana to help complete some of the major ongoing irrigation projects, including Kaleshwaram, Sita Rama and Palamuru-Rangareddy schemes.
Telangana delegation
PFC Chairman Rajeev Sharma is learnt to have given the assurance to a delegation from the State government headed by Chief Secretary SK Joshi in New Delhi on Friday. Principal Secretary (Finance) K Ramakrishna Rao and Chairman and Managing Director of TS-Transco and TS-Genco D Prabhakar Rao were part of the delegation that visited Delhi.