The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure of 15 years.
Cabinet Committee on Economic Affairs had on Nov 20 given a go-ahead for sale of government's entire stake in BPCL.
The collaboration with these aggregators will lead to development of charging infrastructure for various vehicle segments.
Government is looking to raise up to Rs 10,000 crore through the follow-on fund offer of CPSE Exchange Traded Fund.
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