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PFC Acquires 52.63 Percent Government Stake in REC

Power Finance Corporation has acquired 52.63 percent of the Government’s stake in REC, making it a subsidiary, and has granted in-principle approval for a merger in line with the Union Budget 2026–27 restructuring plan.

Power Finance Cooperation | February 07, 2026 | By Mrinmoy Dey | 3562

Tamil Nadu Unveils Policy to Modernise Wind Energy Sector by 2030

The Tamil Nadu government has introduced a new policy to repower, refurbish, and extend the life of wind turbines to optimise energy output. The initiative aims to replace aging turbines, enhance capacity, and promote cleaner energy, with incentives and mandatory participation for older turbines. The policy is effective until 31 March, 2030.

Power Finance Cooperation | September 11, 2024 | By EI News Network | 3419

MNRE Organises Review Meeting with States on Progress of Renewable Energy Schemes

The meeting was attended by principal secretaries (energy), secretaries of power and new & renewable energy from states and UTs besides senior officials from CEA, Power Grid, PFC, REC, CTU and Grid Controller of India.

Power Finance Cooperation | May 25, 2023 | By Anurima Mondal | 2414