SJVN signs MoU with PFC to get finance for projects worth Rs 1.18 trillion

SJVN Limited and Power Finance Corporation Limited have entered into a memorandum of understanding (MoU) to provide financial support for a diverse range of projects, primarily focusing on renewable energy projects and thermal generation projects.

These projects are expected to have a total project cost of approximately Rs 1,188.26 billion. The proposed term loan financial assistance is approximately 70 per cent of the total project cost, with the possibility of increasing this allocation for renewable energy projects based on project-specific needs.