REC executes loan documentation with Jammu & Kashmir State Power Development Corp


Rural Electrification Corporation Limited,(REC Ltd.), a ‘Navratna’ Public Sector Enterprise, Government of India, has executed loan documentation with State owned GENCO, Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL) on 12.08.2016 at JKSPDC registered office, Jammu, for setting up of 37.5, (3X12.5 MW) Parnai, Hydroelectric Power Project in Tehsil Surankot & Mendhar, Poonch District of J&K. The total cost of the project is Rs. 640.42 crores.

Shri. Kifayat Hussain Rizvi (IAS), Managing Director, JKSPDC & amp; Shri. Upendrajit Singh, Director (Finance), JKSPDC, Shri. Ajay Kumar Gupta, Chief Project Manager REC, Project Office, Jammu and other senior officials were present on this occasion.

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