REC Limited signs Loan Agreement with MSRDC Tunnels Limited

New Delhi: REC signed Loan Agreement with MSRDC Tunnels Limited in Mumbai on 16 May 2023. REC extending financial assistance to MSRDC Tunnels Limited to an extent of Rs. 17,500 Cr. for Mumbai - Pune Expressway project through Cash Flow Securitization. 

The Loan Agreement was signed by Shri Vivek Kumar Dewangan, IAS, CMD, REC Limited and Shri R. Mopalwar, IAS, Managing Director, MSRDC Limited.