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  1. Nirmala Sitharaman, serving as Finance Minister, handles regulatory approvals for national companies.
  2. REC Ltd is merging into Power Finance Corporation (PFC) to improve efficiency in PSUs, a move advocated by Nirmala Sitharaman.

Nirmala Sitharaman outlined consolidation plans for Power Finance Corporation (PFC).

2 reports, 2 independent Updated Jun 29
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2
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50%

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What happened

Some supportReported by 2 outlets

Nirmala Sitharaman outlined consolidation plans for Power Finance Corporation (PFC).

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What this event is mainly about

How it developed

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  1. PFC Consulting Limited incorporated a new subsidiary, Satara Power Transmission Limited, on July 20, 2026.Sub-event
  2. Sitharaman detailed plans to consolidate Power Finance Corporation (PFC).1 source

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