# REC signs loan agreement for Patratu Super Thermal Power Project Phase-I

Rural Electrification Corporation signed a loan agreement with Patratu Vidyut Utpadan Nigam Ltd to finance the entire debt component of Rs.14,000 crore for the 3x800 MW Patratu Super Thermal Power Project Phase-I in Jharkhand.

- Type: Contract
- Announced: 2017-11-17
- Where: Jharkhand, India, India
- Value: $2.15B (140.0B INR)
- Status: announced
- Capacity: 2400 MW (3x800 MW)
- Products: electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Patratu Vidyut Utpadan Nigam](https://endata.com/companies/28263.md)
- [NTPC Limited](https://endata.com/companies/883.md) (partner)
- [Jharkhand Bijli Vitran Nigam](https://endata.com/companies/20583.md) (partner)
- [Rural Electrification Corporation](https://endata.com/companies/28262.md) (investor)

## Sources

- [tndindia.com](https://www.tndindia.com/news-brief-november-2017/), 2017-11-20: "Rural Electrification Corporation and Patratu Vidyut Utpadan Nigam Ltd have signed a loan agreement for establishing 3×800-mw Patratu Super Thermal Power Project Phase-I in Jharkhand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.