Latest News

PFC to resume work from May 7 as Director tests negative for COVID-19

PFC is all set to resume operations from May 7 after its Director (Finance) tested negative for COVID-19, an official spokesperson told PSU Watch

Shalini Sharma
  • The senior official at PFC had earlier tested positive in the rapid test for COVID-19 and the office premises had been sealed for three days in the aftermath

  • However, swab test has revealed that the Director (Finance) and his family members have tested negative for COVID-19

New Delhi: State-run PFC (Power Finance Corporation) is all set to resume operations from May 7 after its Director (Finance) tested negative for COVID-19, an official spokesperson told PSU Watch on Wednesday. The news comes just days after PSU Watch reported that the Director (Finance) of the company had tested positive for COVID-19 in the rapid test and as a result, PFC had sealed its premises in the capital city for three days.

'PFC premises have been fumigated, sanitised, ready to resume work'

The spokesperson said that after the preliminary test had yielded a positive result, the office premises had been sealed for three days. "During these three days, the office premises have been fumigated and sanitised well. And now that our Director has tested negative in the swab test and is doing fine, we are ready to resume work from May 7," said the spokesperson. He added that all the members of the senior executive's family have also been tested and the results are negative. 

The backdrop

The PFC Director had attended office till May 1 last week and had then tested positive for COVID-19 in the rapid test. Senior executives, along with mid-senior-level executives at PSUs, have been going to work, as and when required. PSUs have said that only 33 percent of the entire workforce reports for work and social distancing norms are followed. 

Starting April 20, PSUs have resumed operations on a number of infrastructure projects in order to create jobs and ensure investment in the economy. Most offices have also resumed work operations, with a nominal staff coming to the office. However, even as employees are following social distancing norms and hygiene practices, new infections are being reported, especially from red zones of Coronavirus infection. The total number of Coronavirus cases in the country has been rising and stands at over 49,000 right now. 

SJVN Q2 profit remains flat at Rs 439.9 crore

ReNew will install solar power plants in kitchens of Akshaya Patra Foundation

JNPA records nearly 12% rise in Oct container traffic

GAIL reports strong H1 FY'25 financial performance with record highs in EBITDA, PBT, and net profit

NBCC secures Rs 500 crore contract from BIS