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Power Finance Corporation enters into a JV for setting up of a Common Back-end Infrastructure Facility

The Board of Directors in its meeting held on 14th September, 2020 has inter alia and subject to req

The Board of Directors in its meeting held on 14th September, 2020 has inter alia and subject to requisite clarifications/ approvals, accorded its approval for infusion of equity of INR 150 crore in a Joint Venture Company to be promoted jointly by NTPC, PGCIL, REC and PFC for setting up of a Common Back-end Infrastructure Facility (CBIF).

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