Power Finance Corporation to Fund 225 MW Hydro Project in Madhya Pradesh

The state government has already conducted the pre-feasibility study of these projects

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Government-owned Power Finance Corporation (PFC), a non-banking finance company (NBFC), has signed a memorandum of understanding (MoU) with Narmada Basin Projects Company Ltd (NBPCL) to fund 225 MW of hydroelectric project and 12 multipurpose projects in the state of Madhya Pradesh.

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