MOU
PFC Signs MOU with Ministry of Power
NEW DELHI: Power Finance Corporation Ltd, has signed a performance-based ‘Memorandum of Understanding’ with Ministry of Power, Govt. of India detailing various targets to be achieved by PFC during FY 2018-19.
The MoU has been signed by Shri Ajay Kumar Bhalla, Secretary (Power), Govt. of India and Shri Rajeev Sharma, CMD, PFC in presence of various senior officials of MOP and PFC. The MoU contains various parameters relating to financial viz., Revenue from operations, Loan Disbursements, Loan Assets, Cost of raising funds and Non-financial parameters viz., Human Resource management and IPDS-related parameters.
Read Also : PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
News Must Read
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024