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PFC signed a MoU with Govt. of Andhra Pradesh for providing financial assistance to Infrastructure & Power allied projects

Power Finance Corporation (PFC)  has signed a MoU with Govt. of Andhra Pradesh on 3rd March 2023 during the “Global Investors Summit 2023” in Visakhapatnam for providing financial assistance to Infrastructure & Power allied projects in the State of Andhra Pradesh.

The MoU underlines the PFC’s commitment to playing a pivotal role in powering the nation’s aspirational journey towards a sustainable future. PFC has been a partner in the continuous growth and development in the State with a cumulative sanction of about Rs.86000 crore and cumulative disbursement of about Rs. 66000 crore to the State Utilities of AP.

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