In a post-Budget conversation with ANI, Secretary. DFS said, "Both Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) provide project financing to the public and private sectors in energy. If two NBFCs are financing the same projects in the same sector, it makes r
According to a press release by the Ministry of Power, the Memorandum of Understanding (MoU) signed between REC Limited and the state government entails financing projects across power and non-power infrastructure sectors, with an annual commitment of up to Rs 20,000 crores for the next six
The Project Finance Committee of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad) approved the financing of two projects with AED 375,000 after ensuring that they complied with the conditions and standards of Ruwad.