Pgcil Gets Second Direct Loan Of $450m From Wb

The second direct loan of $450 million from the World Bank to PowerGrid Corporation of India Ltd (PGCIL) has become effective from November 21. This follows the fulfillment of the procedural formalities prior to disbursement of funds.
The loan will be used for various projects, including PGCIL
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First Published: Nov 27 2001 | 12:00 AM IST
