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REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which REC will provide CVPPL with a financial assistance of ₹ 1,869.265 crores as Term Loan. The loan will be utilized for Development, Construction and Operation…
REC Limited provides Rs 1,869.265 crores term loan to CVPPPL for Kiru Hydro Electric Project on river Chenab. NHPC and JKSPDC joint venture CVPPPL to undertake multiple hydro projects totaling 3,094 MW capacity.
The bodies of 26 people, including seven Armymen, have been recovered so far as search operations continue in Sikkim after the flash flood in the Teesta river devastated the Himalayan state. According to reports, 142 people are still missing.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
A GLOF occurred in parts of Lhonak Lake, leading to a rapid rise in water levels with very high velocities downstream along the Teesta River Basin in the early hours of October 4