Why power sector financiers shouldn’t diversify into banking4 min read 05 Jun 2013, 10:18 AM IST
Instead of aspiring to become banks, power sector financiers should utilise their niche skills in related areas
Power sector financing has been a curious game in India. We are probably the only country where there are dedicated power financiers, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), both majority-owned by the government. Elsewhere, there are infrastructure finance entities, but seldom dedicated to power.
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