PFC, REC will first issue bonds based on initial demand from states
A wholly-owned company of the Madhya Pradesh govt, is building as many as 12 projects
After the merger, the new entity will be required to reduce its exposure in a project to 25 per cent which may not be feasible
First government company to issue bonds with more than 10 years tenure
Power Finance Corporation arm PFC Consulting is the nodal agency for auctioning power transmission projects in the country
REC, too, reported additional slippages on account of RBI's new NPA framework