New Delhi: Maharatna power PSU Power Finance Corporation (PFC) Limited has collaborated with Japan's New Energy and Industrial Technology Development Organization (NEDO) to promote environmental, energy and industrial technology innovation.

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The initiative between PFC, NEDO and Japanese stakeholders represents a significant leap towards creating environment friendly power supplies in areas with undeveloped distribution networks, the company said in a statement on Wednesday.

PFC said it has entered into a strategic collaboration with NEDO, Japan's pioneering agency for promoting environmental, energy and industrial technology innovation.

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