Power Ministry Speeds Up PFC-REC Merging with New Committees

New Delhi– The Ministry of Power is accelerating the Power Finance Firm (PFC) and Country Electrification Firm (REC) merging, forming boards to oversee the procedure.

• A high-level committee, led by the Joint Secretary (Circulation), will monitor progress and meet weekly.
• A three-member working team, headed by the Director (Circulation), will certainly assess merger modalities.
• The working group will certainly attend to employees and innovation assimilation, company restructuring, and stakeholder interests.
• The merging goes for improved effectiveness and harmony in the power industry.

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