Author and energy finance analyst Kashish Shah said the PFC and the REC have lent extensively to coal-fired power projects, with Rs 343,746 crore ($49bn), or 54 per cent of their total loan book, exposed to thermal power New Delhi: Government-owned Power Finance Corporation (PFC) has accumulated non-performing assets (NPAs) totalling Rs 47,454 crore ($6.8bn) […]
