TANGEDCO seeks funds from REC, PFC

The Tamil Nadu state government has urged the central government to instruct Rural Electrification Corporation (REC) and the Power Finance Corporation (PFC) to release Rs 206.22 billion sought by Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO).

Earlier in March 2020, Tamil Nadu wrote to REC and PFC to release the amount.  The matter was raised by the Tamil Nadu power minister during the recently held video conference meeting with the Union power minister.

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