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REC, PFC Seal ₹268.5 Billion Loan Deal for 2,400 MW Meja Thermal Project

REC, PFC Seal ₹268.5 Billion Loan Deal for 2,400 MW Meja Thermal Project

Located in Prayagraj district, the project will add 2,400 MW through three ultra‑supercritical 800 MW units. REC Ltd and PFC Ltd, India’s leading power sector financiers, have signed a ₹268.5 billion common loan agreement with Meja Urja Nigam Pvt Ltd (MUNPL) to fund the second stage of the Meja Thermal Power Project in Uttar Pradesh....