<ul><li>State-owned Power Finance Corporation (PFC) has signed an agreement with Mumbai Metropolitan Region Development Authority (MMRDA) to provide Rs 1 lakh crore worth finance for infrastructure projects.</li><li>The Memorandum of Understanding (MoU) was signed in the presence of the Maharashtra Chief Minister and officials from PFC and MMRDA.</li><li>The partnership aims to provide financial assistance of up to Rs 1,00,000 crore by PFC for developing bankable infrastructure projects in the Mumbai Metropolitan Region (MMR).</li><li>PFC is a non-banking financial company (NBFC) under the Ministry of Power.</li></ul>

PFC To Provide Rs 1 Lakh Crore To MMRDA For Mumbai Infra Projects

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