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Panel Formed to Review PFC, REC Merging

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Power Ministry Speeds Up PFC-REC Merging with New Committees

New Delhi– The Ministry of Power is speeding up the Power Money Company (PFC) and Country Electrification Firm (REC) merging, developing committees to manage the procedure.

  • A top-level board, led by the Joint Assistant (Distribution), will certainly check progress and meet regular.
  • A three-member working group, headed by the Director (Circulation), will certainly evaluate merger modalities.
  • The functioning team will address personnel and technology combination, company restructuring, and stakeholder interests.
  • The merging goes for improved efficiency and harmony in the power field.

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