REC Limited, a Maharatna CPSE under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL). The agreement involves financing up to Rs 35,000 crore for various infrastructure projects to be executed by RVNL over the next 5 years.
📚 Test Your Knowledge:
REC Limited has signed an MoU with which entity to finance infrastructure projects worth Rs 35,000 crore?
Correct Answer: Rail Vikas Nigam Limited