PFC sanctions Rs 27.03 billion for super critical power project in West Bengal

The Power Finance Corporation has sanctioned a loan of Rs 27.03 billion for developing the first-ever supercritical power project in the state of West Bengal. The 660 MW Sagardighi Unit 5 is the first supercritical thermal power plant being developed by West Bengal Power Development Corporation Limited (WBPDCL). Located in Murshidabad district, the project is expected to be commissioned by October 2020 and is likely to generate 4,209 MUs of energy to meet the state’s future power requirement.