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REC, PFC sign Rs 26,850 cr loan for 2,400 MW UP power expansion

in5points
REC and PFC signed a Rs 26,850 crore loan with Meja Urja Nigam Private Limited (MUNPL).
The loan funds a 2,400 MW thermal power expansion in Uttar Pradesh.
The expansion includes three 800 MW ultra-supercritical units.
The project is the Meja Thermal Power Project in Prayagraj.
The loan supports MUNPL's goal to expand power generation capacity.