New Delhi, Feb 17 : Power Finance Corporation Ltd. (PFC) signed Memorandum of Agreement (MoA) with Jammu and Kashmir State Power Development Limited (JKSPDC) at PFC Office, New Delhi for providing financial assistance of Rs. 403.80 crore towards implementation of 2×24 MW Lower Kalnai Hydro Electric Project.
This will promote development of Hydro power in the State of J&K. The MoA was signed by D. Ravi, ED, PFC and Upinderjit Singh, Director (Finance), JKSPDC in the presence of R. Nagarajan, Director (Finance), PFC, A K Agarwal, Director (Projects), PFC and other Senior Officials of PFC and JKSPDC.
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