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PFC and REC reduce lending rates

New Delhi, PFC and REC, Navratna CPSEs under Ministry of Power, are the prime financiers of Indian Power Sector capturing a significant market share in financing Indian Power Sector. PFC and REC as group companies have been aligning

NHPC takes over Jal Power Corporation Ltd.

NHPC, India’s premier hydropower company took over Jalpower Corporation Ltd. on 31st March 2021 after payment of resolution amount of Rs 165 Crore into the Lenders designated account. The Handing Over / talking over ceremony was carried out

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