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New Delhi
June 19, 2026
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PFC completes REC buy, pays Rs 14,500 cr to govt

29pfc acquire rec

Shri Rajeev Sharma, CMD, PFC, handing over the Intra Bank Fund Transfer Advice of Rs.14,499,99,50,186/-  to Shri Ajay Kumar Bhalla, Secretary (Power), Govt. of India, being the purchase consideration for acquisition of 103.94 Crore shares of Government of India shares in REC Ltd. Senior officials of MOP & PFC were present on this occasion.