Ahead of REC's takeover by Power Finance Corporation (PFC), the government has appointed the former's top executive P V Ramesh as the director-general of the National Archives of India.
Besides, there are talks that PFC Chairman and Managing Director Rajeev Sharma could be given additional charge to head REC.
According to the Appointment Committee of the Cabinet (ACC) order on March 3, Ramesh has been appointed as the director-general of the National Archives of India under the Ministry of Culture.
A source said, "There are talks that PFC CMD Rajeev Sharma would be given additional charge of the REC CMD eventually."