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PFC and REC to Infuse ₹3 Billion to Set up Backend Infrastructure for Smart Meters

The joint venture will be promoted by NTPC, PGCIL, REC, and PFC

September 17, 2020

/ Rakesh Ranjan
/ Grid, Market & Policy,
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The Power Finance Corporation Limited (PFC), in a recent filing on the Bombay Stock Exchange (BSE), said that it had approved the infusion of ₹1.5 billion (~$20.4 million) in a joint venture company.

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Rakesh Ranjan

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