REC, PFC Ink Pact To Finance 1320 MW Coal-fired Buxar Power Plant In Bihar
Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) signed a Memorandum of Loan Agreement (MoA) with SJVN Thermal Private Ltd (STPL) to finance the 1,320 MW coal-based Buxar Thermal Power Plant (BTPP) in Bihar, even as its project cost increased by at least Rs 1,733 crore in over three years.
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R S Dhillon, CMD PFC;
N L Sharma, CMD SJVN;
Vivek Kumar Dewangan, CMD REC.