| Updated on February 02, 2018 Published on May 15, 2017

In compliance of the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Rural Electrification Corporation Limited has entered into Memorandums of Understanding (MoUs) with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) & Tamil Nadu Transmission Corporation Limited (TANTRANSCO) for extending financial assistance to the tune of Rs.85,723 crore, i.e. financial assistance upto Rs.60,063 crore to TANGEDCO and upto Rs.25,660 crore to TANTRANSCO. The above MoUs are non-binding in nature and the financial assistance is subject to appraisal of the proposal(s) to be submitted by the respective entities to REC and approval of Competent Authority.

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Source : BSE - www.bseindia.com

Published on May 15, 2017
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