In Short : The proposed merger between Power Finance Corporation and REC Limited is expected to significantly improve access to funding for renewable energy companies in India. According to CreditSights, the consolidation could strengthen balance sheets, reduce borrowing costs, and enhance lending capacity. The merged entity may play a larger role in financing clean energy […]
Hydro capacity being added in Telangana is financed by PFC & REC lending 55,000 crores – EQ Mag Pro
PFC and REC have together lent Rs.55,000 Crores for Kaleshwaram; Palamuru and other Projects. New Delhi: The Ministry of Power and New and Renewable Energy have seen the text of the statement made by the Chief Minister of Telangana in a speech on 11.02.2022 at Jangaon District Headquarters. This is a lie, says the Minister […]