Rural Electrification Corporation (REC) has inked two pacts with Jharkhand utilities for providing financial assistance of Rs 15,150 crore.
The State-run company has inked pacts with Jharkhand Bijli Vitran Nigam (JBVNL) for Rs 8,150 crore and Jharkhand Urja Sancharan Nigam (JUSNL) for Rs 7,000 crore on February 17, 2017 at Khelgaon, Ranchi.
REC is engaged in providing financial assistance to state electricity boards, state government departments and rural electric co-operatives for rural electrification projects as are sponsored by them.
