REC Limited has formalised four MoUs, totalling Rs 160 billion, with Dilip Buildcon Limited, GMR Power & Urban Infrastructure, CDS Infra Projects Limited and DP Jain and Co. Infrastructure Private Limited. The agreements are aimed at financing various road and highway projects. This strategic move reinforces REC Limited’s commitment to bolstering critical infrastructure development in the country. The allocated funds are expected to catalyse the progress of essential transportation projects, contributing to the nation’s economic growth.
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