At meeting held on 04 August 2022
The Board of REC at its meeting held on 04 August 2022 has approved subscription of 50% equity shareholding not exceeding Rs 50 crore in M/s PFC Projects, in the Power Asset Management Company as 50:50 Joint Venture Company with Power Finance Corporation, for taking over Stressed/NPA assets in the Power Sector, subject to requisite approvals.Powered by Capital Market - Live News
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