SJVN and PFC have signed a Memorandum of Understanding (MoU) for financial assistance to various diversified portfolio of projects including majorly Renewable Energy projects and thermal generation project to be set up at total project cost of about Rs 1,18,826 crore.
The term loan financial assistance is tentatively proposed at 70% of the project cost, which may be increased for renewable energy projects as per project requirements.
SJVN’s principal business activity is electricity generation. The company is also engaged in the business of providing consultancy.
