Bhubaneswar: In a major boost to Odisha’s power sector, the Odisha Power Transmission Corporation Limited (OPTCL) on Wednesday signed a long-term loan agreement worth Rs 1,685.27 crore with the National Bank for Agriculture and Rural Development (NABARD).

This first-ever project financing by NABARD to any state PSU in Odisha, aims to ensure quality and reliable power supply for upcoming industries as well as consumers across the state, an official release said. ADVERTISEMENT

The loan agreement was exchanged between Director (Finance), OPTCL, S K Sahoo and General Manager, NABARD Odisha Regional Office, V K Nag in the presence of Deputy Chief Minister K V Singh Deo, who also hold the Energy portfolio, and OPTCL Chairman-cum-Managing Director Bhaskar Jyoti Sarma. They hailed the partnersh

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