{"id":232628,"date":"2019-02-12T06:38:12","date_gmt":"2019-02-12T06:38:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=232628"},"modified":"2019-02-12T06:38:12","modified_gmt":"2019-02-12T06:38:12","slug":"rec-takeover-pfc-to-draw-rs-10000-crore-from-reserves","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-takeover-pfc-to-draw-rs-10000-crore-from-reserves\/","title":{"rendered":"REC takeover: PFC to draw Rs 10,000 crore from reserves"},"content":{"rendered":"<p>New Delhi: In spite of a prior arrangement to support its obtaining of the Center&#8217;s 52.63per penny stake in Rural Electrification Corporation (REC) fundamentally through borrowings, state-run Power Finance Corporation (PFC) will probably draw Rs 10,000 crore from its &#8216;stores and surplus&#8217; to do the Rs 14,000-crore buy. The arrangement will appear in the not so distant future, making a noteworthy commitment to the Center&#8217;s disinvestment kitty for the year. Sources said the obtaining is probably going to be obligation subsidized by just to the tune of Rs 4,000 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: In spite of a prior arrangement to support its obtaining of the Center&#8217;s 52.63per penny stake in Rural Electrification Corporation (REC) fundamentally through borrowings, state-run Power Finance Corporation (PFC) will probably draw Rs 10,000 crore from its &#8216;stores and surplus&#8217; to do the Rs 14,000-crore buy. The arrangement will appear in the not so distant future, making a noteworthy commitment to the Center&#8217;s disinvestment kitty for the year. Sources said the obtaining is probably going to be obligation subsidized by just to the tune of Rs 4,000 crore.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-232628","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/232628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=232628"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/232628\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=232628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=232628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=232628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}