Author: Staff Reporter

PFC collaborates with Export Finance Australia (EFA) and Citi to accelerate India’s clean energy transition

Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the largest NBFC in India, has partnered with Export Finance Australia (EFA), the Australian Government’s export credit agency, to secure an ECA-backed financing facility from Citi, who acted as the Sole ECA Coordinator and Lead Arranger for the facility. This transaction marks EFA’s first-ever financing initiative […]

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RECPDCL Handovers Rajgarh Neemuch Power Transmission SPV to G R Infraprojects Limited

REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power and a leading NBFC, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, Rajgarh Neemuch Power Transmission Limited to M/s G R Infraprojects […]

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New Deputy Secretary appointments across ministries

The central government has announced several new Deputy Secretary-level postings. Harish Kumar Kallega and Heera Lal have been appointed in the Ministry of Higher Education. Reema Jain has been appointed as Deputy Secretary in the Ministry of Defence. Vaibhav Pratap Jain has been relieved to join as Deputy Secretary in the Financial Intelligence Unit (FIU-IND). […]

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