PANJIM: State-owned non-banking financing companies Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements with major clean energy companies for providing a total of Rs 5 lakh crore funds to their projects.
PFC signed pacts worth Rs 2.37 lakh crore with 20 companies in the clean energy space, the company said in a press release. REC, on the other hand, tied up for Rs 2.75 lakh crore on the sidelines of the G20 Clean Energy Ministerial conference, according to an official.< .. Read more at: https://economictimes.indiatimes.com/industry/renewables/rec-signs-pact-for-energy-projects-worth-rs-20000-crore/articleshow/102016079.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
