Teesta gets additional Rs 995 cr from REC
POWER & RENEWABLE ENERGY

Teesta gets additional Rs 995 cr from REC

The 1,200 MW Teesta III hydro power project in Sikkim would get an additional term loan of Rs 995 crore from Rural Electrification Corporation (REC). With the latest loan, its total exposure to the project has risen to Rs 3,095 crore. The over all cost of the project has escalated to more than Rs 8,500 crore owing to delays due to natural calamities and legal hurdles.

Contact:: Rural Electrification Corporation.
Tel: 011- 2436 5161.
Website: www.recindia.nic.in

The 1,200 MW Teesta III hydro power project in Sikkim would get an additional term loan of Rs 995 crore from Rural Electrification Corporation (REC). With the latest loan, its total exposure to the project has risen to Rs 3,095 crore. The over all cost of the project has escalated to more than Rs 8,500 crore owing to delays due to natural calamities and legal hurdles.Contact:: Rural Electrification Corporation.Tel: 011- 2436 5161.Website: www.recindia.nic.in

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