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REC signs MoU with RVNL, to finance Infrastructure Projects

rec mou

New Delhi, 3 January 2024: REC Limited signed an MoU with RVNL to finance upto Rs. 35,000 Crore for Infrastructure Projects to be executed by RVNL over the next 5 years. These projects constitute multi modal logistics hub projects , rail infrastructure projects, road, port, and metro projects where RVNL has forayed into. 

Ajoy Choudhury, Director (Finance), REC and Rajesh Prasad, Director (Operations), RVNL signed the MoU in the presence of V.K Dewangan, CMD, REC; Sanjeeb Kumar, Director (Finance), RVNL; Anupam Ban, DPE, RVNL and other senior officials from REC and RVNL. 

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