Centre accords 'maharatna' status to PFC. What it means
- This new recognition will enable PFC to offer competitive financing for the power sector, which will go a long way in making available affordable and reliable ‘Power For All 24x7
The Centre on Tuesday accorded ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC), giving it greater operational and financial autonomy. Incorporated in 1986, PFC is the largest Infrastructure Finance Company, exclusively dedicated to Power Sector under the administrative control of the Ministry of Power.
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