Power Finance Corporation (PFC) has signed an MoU with MECON to collaborate on infrastructure and clean energy projects, including green hydrogen, energy storage, and renewable integration.
February 16, 2026. By Mrinmoy Dey
Power Finance Corporation (PFC) has announced the signing of a Memorandum of Understanding (MoU) with MECON to enhance cooperation in the infrastructure and energy sectors, including emerging areas such as green hydrogen, energy storage, and renewable energy integration.
The MoU aims to create a structured framework for joint efforts in project development, technical consultancy, and financial support, with a focus on accelerating India’s clean energy transition and strengthening critical infrastructure.
The agreement was signed in the presence of Parminder Chopra, Chairperson and Managing Director, PFC; Sanjay Kumar Verma, CMD and Director (Projects) – Additional Charge, MECON; Rajiv Ranjan Jha, Director (Projects), PFC; Manoj Sharma, Director (Commercial), PFC; and Jayant Kumar Jha, Director (Commercial), MECON, along with senior officials from both organisations.
The partnership will leverage PFC’s financial expertise and MECON’s engineering and project management capabilities to support large-scale infrastructure development and next-generation energy solutions.
The collaboration is expected to play a strategic role in promoting sustainable growth, enhancing energy security, and enabling the deployment of advanced technologies across India’s power and infrastructure landscape.
