REC Limited, a Maharatna public sector enterprise, has announced the appointment of Shri Rajiv Ranjan Jha as Nominee Director of Power Finance Corporation Limited (PFC) on its Board, effective April …
Power Finance Corporation
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NATIONAL NEWS
Power Finance Corporation Limited Announces Dissolution of Subsidiary SIPCL
by Editorby EditorPower Finance Corporation Limited (PFC) has announced that its wholly owned subsidiary, Sakhigopal Integrated Power Company Limited, has been officially struck off and dissolved by the Registrar of Companies with …
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NATIONAL NEWS
Power Finance Corporation Transfers Saswad Transmission Limited to Maharashtra State Electricity Transmission Company
by Editorby EditorPower Finance Corporation Limited (PFC) has announced the transfer of Saswad Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited, to Maharashtra State Electricity Transmission Company Limited (MSETCL) following …
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NATIONAL NEWS
Power Finance Corporation Acquires 52.63% Government Stake in REC Limited; Merger Moves Forward
Power Finance Corporation Ltd (PFC) has completed the acquisition of the Government of India’s 52.63 percent equity stake in REC Limited, formally making REC a subsidiary of PFC. The move …
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Power Finance Corporation Ltd (PFC) has acquired 52.63 percent of the Government of India’s stake in  Rural Electrification Corporation Limited (REC), making the latter its subsidiary as part of a …
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NATIONAL NEWS
Power Finance Corporation Launches ₹5,000 Crore NCD Issue to Strengthen Funding Base
State-owned Power Finance Corporation (PFC) has announced a public issue of non-convertible debentures (NCDs) to raise up to ₹5,000 crore as part of its funding and debt programme for the …
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Power Finance Corporation’s consulting subsidiary has taken a strategic step to advance critical power transmission infrastructure in Maharashtra by incorporating a new special purpose vehicle (SPV) for the proposed Latur …
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PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation, has formally issued a Request for Proposal (RFP) to select a Transmission Service Provider (TSP) for the development …

