PFC to acquire 52.6% govt's stake in REC for Rs 14,500 crore

With the acquisition, PFC is set to become a promoter and the holding company of REC. In December, the Union Cabinet had approved the deal for the acquisition that also involved transfer of management control

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2FwLb2X