PFC, REC Boards Decide to Approach President for Merger Approval

Upon the merger, REC will stand dissolved and its assets and liabilities transferred to PFC

May 18, 2026

/ Markets & Policy, Paid, Renewable Energy

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The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the proposal made in the Union Budget 2026-27.

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B.S. Nagaraj

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PFC, REC Boards Decide to Approach President for Merger Approval

Continue Reading with Premium Access

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