Rural Electrification Corporation (REC) has signed loan agreement with the Tamil Nadu Generation and Distribution Corporation (TANGEDCO). The company has signed the same for setting up TANGEDCO’s Udangudi Stage-I, 2x660 MW coal-based Supercritical Thermal Power Project in Tuticorin, Tamil Nadu.
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.
| Company Name | CMP |
|---|---|
| Power Finance Corp | 461.00 |
| REC | 359.35 |
| Indian Railway Fin. | 106.05 |
| NHIT | 160.00 |
| Satin Creditcare | 212.55 |
| View more.. | |
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