REC Limited to Fund 624 MW Kiru Hydro Electric Project in J&K
REC Limited has inked an agreement with Chenab Valley Power Project Private Limited (CVPPPL) to provide a term loan of ₹1,869.265 crores. The financial support will aid in the development, construction, and operation of the Greenfield 624 MW Kiru Hydro Electric Project on the Chenab River in the Kishtwar district of Jammu & Kashmir. The run-of-river scheme features a 135-meter-high dam and an underground powerhouse housing four 156 MW units.