February 19, 2019 6:51 AM
Govt clarifies Rural Electrification Corporation will remain a public sector enterprise
The government has clarified that Rural Electrification Corporation, REC, will remain a public sector enterprise even after the proposed acquisition by Power Finance Corporation, PFC. ''<div><br />''</div>''<div>Speaking to reporters in Mumbai on Monday, Joint Secretary in the Ministry of Power, Mr. Arun Kumar Verma said, Power Finance Corporation is a government company and thus government will continue to control REC even after its acquisition. He added that PF...