India, April 8 -- Power Finance Corporation (PFC), a state-owned entity, has signed an agreement with the Mumbai Metropolitan Region Development Authority (MMRDA) to extend financial support of up to ?1 lakh crore for infrastructure projects.
The Memorandum of Understanding (MoU) was signed in Mumbai in the presence of Maharashtra Chief Minister Devendra Fadnavis, PFC Director (Projects) Rajiv Ranjan Jha, and MMRDA Metropolitan Commissioner Sanjay Mukherjee.
According to PFC, the MoU aims to build a strong collaborative partnership, facilitating financial assistance for viable infrastructure projects across the Mumbai Metropolitan Region (MMR).
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