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Power Finance Corporation commits Rs 9K cr to power units in TN

Power Finance Corporation commits Rs 9K cr to power units in TN

Monday, March 20, 2017, 3:05 PM

State-owned Power Finance Corp today said it has sanctioned Rs 9,128 crore in financial assistance to power units in Tamil Nadu. PFC said in a statement that it has sanctioned “a term Loan of Rs 5,474 crore to TANGEDCO for setting up 2×800 mw, coal-based ‘UPPUR TPS’ using super-critical technology in Ramanathapuram District and for renovation, modernisation and updating of Sholayar Power House-I.
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