Categories: Agreements

PFC signs MoU with NBPCL to fund various projects in Madhya Pradesh

 

Power Finance Corporation (PFC), the central PSU under Ministry of Power has signed an MoU with Narmada Basin Projects Company Ltd. (NBPCL), a wholly-owned company of Govt. of Madhya Pradesh, to fund various power projects to be executed in the State of Madhya Pradesh. The funds of worth Rs 22,000 crore will be deployed by NBPCL for setting up hydroelectric projects of 225 MW along with power components of 12 other major multipurpose projects to be executed in Madhya Pradesh.

Click Here To Get Test Series For SBI PO 2020

Some of the major multipurpose projects for which PFC has signed MoU with NBPCL includes Chinki Boras Multipurpose Project Narsinghpur Raisen Hoshangabad, Dudhi Project Chhindwara Hoshangabad, Basaniya Multipurpose Project Dindori, Sakkar Pench Link Narsinghpur Chhindwara etc.

Important takeaways for all competitive exams:

  • Chairman & Managing Director of Power Finance Corporation: Rajeev Sharma.
  • Managing Director of Narmada Basin Projects Company Ltd.: I.C.P. Keshari.
  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Lal Ji Tandon.

Find More News Related to Agreements

Recent Posts

IPL 2025 Retentions, Full List Of Players Retained And Released

The road to the 2025 IPL season is heating up as all ten franchises have…

2 hours ago

Practice Questions Capsule for IBPS PO Mains 2024

The IBPS PO Mains 2024 Exam is just around the corner, scheduled for 30th November…

2 hours ago

IBPS PO Mains Banking Awareness Capsule, Download Free PDF

GA Capsule for IBPS PO:  Candidates appearing for the IBPS PO 2024 for the Probationary…

2 hours ago

Today Top 10 Current Affairs 24th November 2024 Questions and Answers

The Daily Current Affairs Quiz which keeps you updated with the current events happening all…

6 hours ago

Which District of Uttar Pradesh is known as the Katehar Region?

In Uttar Pradesh, certain areas are recognized by specific regional names that highlight their historical,…

20 hours ago

Which District of Haryana is Known as Brass City?

Haryana is a state in northern India known for its rich history and industrial growth.…

22 hours ago