REC to extend term loan of Rs 1,869 cr for Kiru Hydro Electric Project in Kishtwar
REC Limited, a Maharatna Central Public Sector Enterprise and an NBFC under the Ministry of Power has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with the financial assistance of Rs 1,869.265 crores as term loan.
