₹14,500-Crore Takeover That Reshaped India’s Power Finance Sector
New Delhi: As India moves toward the final merger of Power Finance Corporation (PFC) and REC Limited in 2026, attention has returned to the landmark transaction that set the stage for this consolidation — a ₹14,500-crore acquisition completed in 2019. In a strategic decision approved by the Cabinet Committee on Economic Affairs (CCEA), PFC acquired … Read more