PFC Consulting Limited signs MOU with its holding Company PFC

New Delhi, April 28 : PFC Consulting Limited (PFCCL) has signed its maiden Memorandum of Understanding (MoU) for the Financial Year 2014-15 with its Holding Company Power Finance Corporation Limited (PFC), a Navratna CPSU.

The signatories to the MoU were M. K. Goel, CMD, PFC and C. Gangopadhyay, CEO, PFCCL in the presence of R Nagarajan, Director (Finance), A K Agarwal, Director (Projects) and other senior officials of PFC.

The MoU stipulates the performance targets of PFCCL for the FY 2014-15and the support the Holding Company, PFC would provide to PFCCL. The performance of the Company under the MoUwill be monitored by the BoD of PFCCL on a quarterly basis and by PFC on a half-yearly basis.