REC inks pact to finance Rs 1.20 lakh crore in six years for power and infra projects in Rajasthan

Government-owned power sector financier, REC Ltd, has signed an agreement with the Rajasthan government to provide up to Rs 1.2 lakh crore over six years for power and infrastructure-related projects. REC will finance up to Rs 20,000 crore annually for a period of six years across power and non-power infrastructure sectors.
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