Tuesday, November 27, 2018

Govt considers REC-PFC merger to bridge budget gap ahead of polls

The merger plan is being considered after REC expressed concern that just acquiring a controlling stake in Power Finance would weaken its credit profile and wouldn’t yield any operational benefit.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2KCZJQp

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