Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
REC Limited, a significant government enterprise in the power sector, has joined hands with the National Investment and Infrastructure Fund Limited (NIIFL) to work together on funding solutions for Renewable Energy Projects and large-scale infrastructure projects in India. The Memorandum of Understanding (MoU) was signed to strengthen financial collaboration for the nation's progress. REC's commitment to financing vital infrastructure projects aligns with NIIF's strategy to attract private capital into the infrastructure sector. The collaboration aims to develop innovative financial solutions to support major infrastructure initiatives. The agreement was signed by key representatives from REC and NIIFL in the presence of their respective leadership.
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