RS. 3000 CRORES LOANS FROM PNB FOR KALESHWARAM IRRIGATION PROJECT

Hyderabad, Sept 14 (Munsif News): The Telangana government has accorded permission to the Kaleshwaram Irrigation Project Corporation Limited to borrow the loan amount of Rs. 3,000 crores from Punjab National Bank as its share in the consortium of Nationalized Commercial Banks out of Rs. 11,400 crores for implementation of Phase II of Kaleshwaram Project. the Government of Telangana will stand guarantee for repayment of loan taken includes both Principal and Interest amount. (Munsif News)

By BALRAM SINGH (Munsif)

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