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REC disburses Rs 16,070 crore to Telangana Power Plant

Industry Power

Telangana State Power Generation Corporation Ltd (TSGENCO) is setting up a 5x800 MW ultra mega power project at Yadadri, Telangana. Rural Electrification Corporation (REC) has disbursed an amount of Rs 16,070-crore loan for the same to TSGENCO. Earlier, REC had signed a MoU with TSGENCO in Feb’15 for providing the financial assistance to the extent of Rs 20,000 crore for the project.

Extracted from ET, Aug 12,’15


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