Spotting
 Timeline
 Travel Tip
 Trip
 Race
 Social
 Greeting
 Poll
 Img
 PNR
 Pic
 Blog
 News
 Conf TL
 RF Club
 Convention
 Monitor
 Topic
 #
 Rating
 Correct
 Wrong
 Stamp
 PNR Ref
 PNR Req
 Blank PNRs
 HJ
 Vote
 Pred
 @
 FM Alert
 FM Approval
 Pvt
News Super Search▼
 ↓ 
×
Member:
Posting Date From:
Posting Date To:
Category:
Zone:
Language:
IR Press Release:
Search
  Go  
dark modesite support
 
Sun Oct 6 12:14:11 IST
Home
Trains
ΣChains
Atlas
PNR
Forum
Quiz
Topics
Gallery
News
FAQ
Trips
Login
RailCal Android App
RailCal iPhone App
Advanced Search
<<prev entry    next entry>>
News Entry# 536265
Jan 04 (20:54) REC Limited to Fund RVNL Infrastructure Projects up to Rs. 35,000 Crores
1821 views
0

Entry# 5932182   
  Past Edits
This is a new feature showing past edits to this News Post.
REC Limited signs MoU with Rail Vikas Nigam Ltd., To Finance Projects up to Rs. 35,000 Crores

REC Limited, a power sector financing company, has signed an agreement with Rail Vikas Nigam Limited (RVNL) to provide up to Rs. 35,000 crore in funding for RVNL infrastructure projects over the next five years. This includes projects like multi-modal logistics hubs, rail infrastructure, roads, ports, and metro lines. The agreement...
more...
was signed by Ajoy Choudhury, Director (Finance) of REC, and Rajesh Prasad, Director (Operations) of RVNL, in the presence of senior officials from both organizations. REC, a Maharatna CPSE, provides long-term loans for power infrastructure projects and has recently expanded its services to include non-power infrastructure like roads, metro rail, and airports. RVNL, a Navratna CPSE, caters to 30% of the Indian Railways' infrastructure needs and is also involved in road, port, irrigation, and metro projects, often with connections to railway infrastructure.

REC Limited, ek power sector financing company, ne Rail Vikas Nigam Limited (RVNL) ke saath ek agreement sign kiya hai, jiske under RVNL infrastructure projects ke liye next five saalon mein 35,000 crore tak ka funding diya jaayega. Isme multi-modal logistics hubs, rail infrastructure, roads, ports, and metro lines jaise projects...
more...
shamil hain. Ajoy Choudhury, Director (Finance) of REC, aur Rajesh Prasad, Director (Operations) of RVNL, ne dono organizations ke senior officials ki maujoodgi mein yeh MoU sign kiya. REC, ek Maharatna CPSE, power infrastructure projects ke liye long-term loans deta hai aur recently isne apni services ko expand karke non-power infrastructure mein bhi shamil kiya hai jaise roads, metro rail, and airports. RVNL, ek Navratna CPSE, Indian Railways ke infrastructure ki 30% jarurot ko pura karta hai aur road, port, irrigation, and metro projects mein bhi involve hai, jinka railway infrastructure se connection hota hai.
Scroll to Top
Scroll to Bottom
Go to Mobile site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy