REC commits over Rs 40,000 cr for projects in Odisha
REC Ltd on Monday announced signing of initial pacts to finance two green hydrogen and a thermal power project in Odisha.
REC has signed an MoU with Odisha Power Generation Corporation (OPGC) to finance Rs 9,538 crore for development of two units of a thermal power project in Jharsuguda, Odisha, the company said in a statement.
The collaboration will contribute significantly to the state’s power generation capacity and energy infrastructure, REC said.
