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Power Finance Corporation (PFC) has entered into a Memorandum of Understanding with MECON Limited to collaborate on advancing green hydrogen and clean energy initiatives. The partnership aims to combine PFC's financial capabilities with MECON's engineering expertise to expedite the development of large-scale infrastructure projects.

The collaboration will focus on project structuring, technical due diligence, and tailored financing solutions, aligning with India's energy transition agenda. The MoU was signed by key executives from both organizations, emphasizing the commitment to sustainable projects.