Loan Agreement with REC Ltd. for Development of 600 MW Ultra Mega Jhansi Solar Power Park
TUSCO Ltd and REC Ltd signed a loan agreement of Rs. 140.47 Crore at TUSCO office, Lucknow on 19.05.2023. The Loan agreement was signed in order to meet the capital requirement of under construction 600 MW Jhansi Solar Power Park. The agreement was signed by Shri Manoj Sardana, CEO on behalf of TUSCO Ltd and Prabhat Kumar Singh, Chief Program Manager on behalf of REC Ltd and Smt Shailja Umrao Tripathi, Chief Manager on behalf of PNB. , Shri Ajay Mittal (AGM), Shri Mridul Dubey (CFO), Shri Himanshu Bajpai (Company Secretary) of TUSCO, Shri Ali (General Manager, Finance), Shri Ajay (Manager, REC) and other employees of TUSCO Ltd and REC Ltd. were present on the occasion.