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PFC to finance Indian nuclear power projects
Power Finance Corporation Ltd and Nuclear Power Corporation of India Ltd signed an MoU to set up nuclear power projects in India. The Memorandum of Understanding was signed by Mr. Satnam Singh, Chairman and Mnaging Director, PFC and Dr. S.K. Jain, Chairman and Managing Director, NPCIL.
Under this MoU, PFC intends to offer debt financing, equity financing and also consultancy services to NPCIL in order to facilitate NPCIL's large capacity addition programme.