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PFC secures largest-ever foreign currency term loan of $1.265 bn

By Economic Times - 14 hours ago
State-owned Power Finance Corporation (PFC) has secured the largest-ever foreign currency term loan of USD 1.265 billion from banks in IFSC GIFT City, Gandhinagar. The loan, at an average rate of 4.21% per annum, will be used to finance non-thermal generation projects, promoting green energy transition.

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