Government To Examine Proposal To Merge CPSEs In Key Sectors

Government To Examine Proposal To Merge CPSEs In Key Sectors

In what could push consolidation of central public sector enterprises (CPSEs), the government will examine a proposal to merge NHPC with NTPC and combine Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) to create a huge power-financing entity.