(THE NEWSMAN OF INDIA)
Power Finance Corporation and Rural Electrification Corporation Limited have signed a performance-based Memorandum of understanding MoU detailing various targets to be achieved by REC during Financial Year 2019-20. The MoU has been signed by Rajeev Sharma, Chairman and Managing Director, PFC & Ajeet Kumar Agarwal, Chairman and Managing Director, REC in presence of various senior officials of PFC & REC Ltd.