REC Earmarks ₹27.9 Billion Loan to Help Jammu and Kashmir DISCOM With its Dues

The loan is part of the central government’s stimulus package for DISCOMs

October 19, 2020

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REC Limited has approved a ₹27.9 billion (~$380.9 million) loan to the Jammu Kashmir Power Corporation Limited (JKPCL) under the liquidity infusion program of the Indian Government’s Aatmanirbhar Bharat initiative.

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Nithin Thomas

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REC Earmarks ₹27.9 Billion Loan to Help Jammu and Kashmir DISCOM With its Dues

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