The state-owned Power Finance Corporation (PFC) today signed a memorandum of understanding (MoU) with Ex-Im bank of US.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The bank recently approved an Indian infrastructure facility to support US exports to Indian projects in sectors such as power and renewable energy.</P>
</p><p class='TableClas'>PFC is one of the financial institutions approved under this Indian infrastructure facility with a proposed allocation of $800 million. </P>
</p><p class='TableClas'>The facility will be used by the borrowers of PFC for project related imports from US during the next two years. </P></p><p class='TableClas'></p></table>


PFC signs MoU with Ex-Im bank

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