REC, PFC sign with STPL to finance Buxar Thermal Power Plant
REC, PFC sign with STPL to finance Buxar Thermal Power Plant : REC Limited and Power Finance Corporation Limited (PFC) have signed an MoU with SJVN Thermal Private Ltd (STPL).
October 2022 Current Affairs Quiz
Aim: To finance the 2×660 MW coal based Buxar Thermal Power Plant (BTPP).
The total estimated project cost is ₹12,172.74 crores, with debt requirement of ₹8520.92 crores. As per the agreement, the debt requirement will be financed by REC and Power Finance. It is a green field project designed on supercritical technology.
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