Tangedco gets more than Rs 1lakh crore funds for power projects

CHENNAI: Rural Electrification Corporation signed memoranda of understanding on Friday in the presence of state electricity minister P Thangamani to provide financial assistance of Rs 60,063 crore and Rs 25,660 crore to Tangedco for implementing power and transmission projects in the next 8 years in Tamil Nadu.

The REC also handed over a sanction letter for rupee term loan of Rs 10,453 crore for establishment of thermal power projects in Udangudi and Kadaladi in Tuticorin and Ramanathapuram.

Continue Reading…


You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *