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Power Finance Corporation to provide Rs 4,528 cr loan for DVC project in West Bengal - Vimarsana News

Power Finance Corporation to provide Rs 4,528 cr loan for DVC project in West Bengal

State-owned Power Finance Corporation (PFC) has entered into a pact with Damodar Valley Corporation (DVC) as part of which it will provide Rs 4,527.68 crore loan to set up a 1,320 MW project at Raghunathpur in West Bengal. The Raghunathpur Phase-II project -- a collaborative effort between PFC and DVC -- will contribute significantly to the power generation capacity in West Bengal, a PFC statement said on Friday.