REC PFC merger approval 2026 marks a major reform in India’s power financing sector. Learn about the President-approved REC-PFC merger, its significance, benefits, impact on renewable energy, and key facts for UPSC, SSC, Banking, Railways, Defence, and PSC exams. President Approves REC-PFC Merger to Create India’s Largest Power Sector Financing Giant Major Reform in India’s…
Power Finance Corporation Secures Record Loan of USD 1.265 Billion Introduction to the Landmark Loan The Power Finance Corporation (PFC), a significant player in India’s power sector financing, has made headlines by securing a record loan of USD 1.265 billion (approximately INR 10,550 crores) from various international lenders. This landmark financial move aims to support…
Parminder Chopra Appointed as CMD of Power Finance Corporation (PFC) Parminder Chopra has recently been appointed as the Chairman and Managing Director (CMD) of Power Finance Corporation (PFC), marking a significant development in the power sector. This appointment comes at a crucial time when the energy sector is undergoing rapid changes and facing various challenges….
