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High-Purity Fact Pipeline
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High-Purity Fact Pipeline
REC Ltd, Power Finance Corporation
India
June 2026
Verified: June 10, 2026
"The President has approved the merger of REC Ltd into Power Finance Corporation (PFC). REC's assets and liabilities will be transferred to PFC. REC will be dissolved following the merger."
Author: N. S. S. Narayana
This book provides a comprehensive overview of the electricity sector in India, which is crucial for understanding why the government is consolidating state-owned power finance entities like REC and PFC to improve efficiency and capital allocation in the energy infrastructure market.
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