New Delhi: REC Limited and Bank of India (BoI) join hands in a groundbreaking MoU, committing to co-finance power and infrastructure projects worth Rs 30,000 crore.
Sh. T.S.C Bosh, Executive Director (Infra & Logistics) from REC and Sh. Nitin G. Deshpande, CGM, BoI officially signed the MoU in the presence of Sh. Vivek Kumar Dewangan, CMD, REC, Shri Rajneesh Karnatak, MD & CEO, BoI and Sh. Ajoy Choudhury, Director (Finance), REC.
This strategic partnership will see REC and BoI combine their financial expertise, propelling critical projects in the Power and Infrastructure & Logistics sectors. REC Limited is committed to significantly boost India's energy infrastructure and in enhancing nation's logistic capabilities.