PFC-REC merger is set to narrow India’s bond market
As per the merger scheme document, PFC will become government’s principal institution for implementing power sector reforms and flagship programmes. The merged entity is expected to benefit from improved balance sheet strength, stronger capital base, and higher operational efficiencies, enabling large-scale funding and improved credit flow across the power sector value chain, including supporting next-generation technologies such as green hydrogen, energy storage, small modular nuclear reactors, and grid modernization, the document said.
Post Comment