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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank GuaranteesBy : Sustainability ..., Mar 16, 2020
To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms like Power Finance Corporation (PFC), REC and Indian Renewable Energy... Read more.. |
PFC plans to borrow Rs 7,000 crore from domestic banks to fund REC dealBy : Sustainability ..., Dec 14, 2018
State-run Power Finance Corp (PFC) plans to fund its acquisition of REC by borrowing Rs 7,000 crore from domestic banks, for which negotiations have begun, and is likely to moderate its dividend... Read more.. |
PFC to raise 1 billion in overseas debtBy : sustainabilityo..., Oct 11, 2017
State-run PowerFinance Corporation (PFC) will be hitting the overseas debt market with a USD 1-billion medium term note programme shortly. International rating agency Fitch has assigned a BBB-... Read more.. |