Govt establishes panels for PFC-REC merger process
pre-market1 source ↓written by the desknot a recommendation
The power ministry has formed two panels to facilitate the merger of Power Finance Corp and its subsidiary REC Ltd. A working group will focus on personnel integration and corporate restructuring, while a high-level committee will oversee the merger process. This move aims to streamline operations and enhance efficiency in the power finance sector. ⚡
Not investment advice. For informational purposes only.