NEW DELHI. Power Finance Corporation (PFC), a Maharatna NBFC, and MECON Limited, a Miniratna CPSE under the Ministry of Steel, have signed a Memorandum of Understanding (MoU) to synergize financial expertise with engineering excellence. Signed on February 13, 2026, in New Delhi in the presence of CMDs Smt. Parminder Chopra and Shri Sanjay Kumar Verma, the agreement establishes a framework for MECON to provide technical consultancy, project management, and feasibility audits for large-scale infrastructure projects funded by PFC. Beyond traditional sectors like transport and logistics, the partnership will focus heavily on sustainable transitions, including green hydrogen, waste-to-energy, and carbon management, effectively accelerating India’s journey toward a resilient and green energy economy.
PFC and MECON Forge Strategic Alliance for Infrastructure and Energy Growth
