Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 167)
167.
Which Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power signed a 200 million Euro loan agreement with the German bank KfW for distribution sector reforms?
Answer: Option
Explanation:
REC Limited, a Maharatna CPSE under the Ministry of Power, signed a significant 200 million Euro loan agreement with the German bank KfW. This step, as part of the Indo-German Development Cooperation, highlights REC's commitment to bolstering the distribution infrastructure of DISCOMs in line with the Government of India's Revamped Distribution Sector Scheme (RDSS).
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