Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
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.
Also Read : Prime Minister to Iaunch Several Projects of Mahanadi Coalfields Limited under the Ministry of Coal India needs ₹30 lakh cr investment during FY 2024-2030 to meet COP climate pledges: IREDA CMD