REC acquisition to stretch PFC’s balance sheet

REC acquisition to stretch PFC’s balance sheet

The acquisition of the government’s 52.63 per cent stake in the Rural Electrification Corporation (REC) by Power Finance Corporation (PFC) will stretch the balance sheet of the latter, increase its leverage and have an impact on the Return

India’s energy sector at crossroads

India’s energy sector at crossroads

It is my belief that the energy sector in India is truly at a crossroads. Some of the challenges, including on commodity prices, have global dimensions. Others though are uniquely Indian. Addressing the challenges could help leapfrog the

All Maha villages to have electricity by December end

All Maha villages to have electricity by December end

Maharashtra has become load shedding free and by December end, all villages across the state would be electrified under Saubhagya Scheme, claimed Maharashtra State Electricity Distribution Company Limited (MSEDCL) director Vishwas Pathak here on Sunday.

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