REC to provide aid to MP discoms, MPPMCL, Rewa Ultra Mega Solar project
State-owned REC Ltd will extend financial assistance worth Rs 21,086 crore to discoms in Madhya Pradesh, MP Power Management Company Ltd & Rewa Ultra Mega Solar project.
REC has inked three separate pacts with MP Power Management Company Limited (MPPMCL), discoms in Madhya Pradesh and Rewa Ultra Mega Solar Ltd to this effect.
An MoU has been signed with MPPMCL to extend financial assistance of Rs 15,086 crore for upcoming Sarani and Amarkantak thermal power projects besides other system improvement works, technology upgradation, modernization among other projects in Madhya Pradesh, the Ministry of Power said in a statement on Thursday.
