REC Approves ₹60.7 Billion to Greenko for 1.4 GW Pumped Storage Project
REC also approved ₹30.8 billion to Serentica Renewables for a hybrid project in Karnataka
September 18, 2023
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Public infrastructure finance company REC Limited has approved a funding of ₹60.75 billion (~$730.8 million) to Greenko to develop a 1,440 MW standalone pumped storage project.