MUMBAI: It is business as usual at the Power Finance Corporation (PFC) and the impending merger with the Rural Electrification Corporation (REC) has not put any hurdles in its ability to either raise resources or on its disbursals, the top company management said in Mumbai, addressing a press conference.
To bolster the case for PFC-REC merger, which rating agencies had put on watch, officials from the ministry of power, as well as the DIPAM (Department of Investment and Public Asset Management), joined to say that they do not see any case for weakened financials due to the merger.
