New Delhi/Aizawl: The government-owned Power Finance Corporation (PFC), India’s leading NBFC, has inked a memorandum of agreement (MoA) with Health Department of Mizoram for the construction of a 100-bed hospital at Mamit district at a cost of Rs 18 crore. This hospital will be constructed under the CSR initiative of PFC.
The MoA has been signed by Secretary (Health Department, Government of Mizoram) H Lalengmawia (IAS) and PFC’s Executive Director (CSR&SD) R Murahari in presence of Chief Minister of Mizoram Pu Zoramthanga and PFC’s Director (Commercial) PK Singh at the Chief Minister of Mizoram’s office on Friday.
The proposed hospital would provide medical care to the needy people in the villages of Mamit District which is an aspirational district and also adjoining villages of bordering states.
Power Finance Corporation (PFC)
PFC is under the administrative control of the Ministry of Power. PFC has been named Asia’s most trusted companies for 2019 by IBC. PFC was given the coveted title based on comprehensive research conducted by IBC, a division of the international brand consulting corporation bases in the USA.
PFC has been conferred the title of a ‘Navratna CPSE’ in June 2007 and was classified as an Infrastructure Finance Company by the RBI on July 28, 2010. PFC is playing a crucial role in the rise of India as a global player.