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REC and PFC Sign Rs 26,850 Crore Loan for 2,400 MW Meja Thermal Power Project Expansion

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REC and PFC Sign Rs 26,850 Crore Loan for 2,400 MW Meja Thermal Power Project Expansion

Analysed 31 Jul 2026·2 sources analysed·Uttar Pradesh, India·Business
REC and PFC Sign Rs 26,850 Crore Loan for 2,400 MW Meja Thermal Power Project ExpansionPreviousNext

REC Limited and Power Finance Corporation Limited (PFC) have signed a Rs 26,850 crore common loan agreement with Meja Urja Nigam Private Limited (MUNPL) to finance the 2,400 MW Meja Thermal Power Project Stage-II in Uttar Pradesh. The project, a joint venture between NTPC Limited and UPRVUNL, will feature three ultra-supercritical 800 MW units with air-cooled condenser technology. Estimated at Rs 38,357.81 crore, it aims to enhance energy security and support economic growth in the region.

Sentiment
72%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (72/100). Lens Score 48/100.

Outlets measured: thetribune, oneindia. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 31 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (72/100)

Sentiment was consistent across outlets (70–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

oneindia broke this story on 30 Jul, 06:09 pm. Other outlets followed.

30 Jul, 06:09 pm2 sources · 14 h31 Jul, 08:39 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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1
oneindia30 Jul, 06:09 pm
REC, PFC Sign 26,850 Crore Loan Agreement for 2,400 MW Meja Thermal Power Project Stage-II
  • 2
    thetribune31 Jul, 08:39 am
    REC and PFC sign Rs 26,850 crore loan agreement for 2,400 MW Meja Thermal Power Project expansion - The Tribune
  • Who's involved

    Institutions and figures named across source coverage.

    Government
    Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited
    Corporate
    REC LimitedPFC LimitedNTPC LimitedMeja Urja Nigam Private LimitedPower Finance Corporation Limited

    Story context

    Category
    Business
    Location
    Uttar Pradesh, India
    Sources analysed
    2
    Last analysed
    31 Jul 2026
    Key entities
    REC LimitedCroreIndian rupeeUttar PradeshUttar Pradesh Rajya Vidyut Utpadan NigamIndiaPrayagraj districtMeja TehsilNTPC LimitedJoint ventureChief executive officerLucknow