MOU
PFC Provides a Financial Assistance to UP
New Delhi: Power Finance Corporation Ltd. has executed Memoranda of Understanding with UP State sector power utilities viz. UPRVUNL, UPPTCL, and UPPCL for providing the required financial assistance of Rs. 50,200 crore for upcoming greenfield and extension Thermal Generation projects at Jawaharpur, Panki, Harduagunj, Anpara, Obra etc.; Development of coal mines; GoI sponsored schemes such as IPDS, Saubhagya, DDUGJY etc.; and for Strengthening of Transmission and Distribution network in the State of UP. The financial assistance will support the State in capacity addition of 4760 MW and in the achievement of the objective of “Power for All” and 24x7 quality & reliable power supply in Uttar Pradesh.
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