L&L, JSA lead on PFC acquisition of govt stake in REC for 14,500 crore

L&L, JSA lead on PFC acquisition of govt stake in REC for 14,500 crore

State-owned Power Finance Corporation Limited (PFC) has acquired the Centre’s 52.63% paid-up share capital in Rural Electrification Corporation (REC) Limited for Rs 14,500 crore.

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