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PFC board approves equity infusion of Rs 150 cr to set up Common Backend Infrastructure Facility

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Capital Market

At meeting held on 14 September 2020

The Board of Power Finance Corporation accorded its approval for infusion of equity of Rs 150 crore in a joint venture company to be promoted jointly by NTPC, PGCIL, REC and PFC for setting up of a Common Backend Infrastructure Facility (CBIF).

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First Published: Sep 15 2020 | 1:29 PM IST

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