PFC Signs MoA with J&KPDL for Financial Assistance
NEW DELHI. Power Finance Corporation Ltd. (PFC) signed Memorandum of Agreement (MoA) with Jammu and Kashmir State Power Development Limited (JKSPDC) at PFC Office, New Delhi for providing financial assistance of Rs. 403.80 crore towards implementation of 2x24 MW Lower Kalnai Hydro Electric Project. This will promote development of Hydro power in the State of J&K.
The MoA was signed by Shri. D. Ravi, ED, PFC and Shri. Upinderjit Singh, Director (Finance), JKSPDC in the presence of Shri. R. Nagarajan, Director (Finance), PFC, Shri A K Agarwal, Director (Projects), PFC and other Senior Officials of PFC and JKSPDC.
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