REC signs MoU with RailTel to finance infrastructure projects in telecom, IT and railway signalling

REC Limited has signed an MoU with RailTel to finance up to Rs 300 billion worth of infrastructure projects across telecom, IT and railway signalling over the next five years. These projects will encompass data centre products and services, telecommunications and IT products and services, railway and metro projects, and the KAVACH train collision prevention system.