More self-goals by the PFC

After three years after a loan disbursal to the Jindal Thermal Power Company Ltd. (Jindal) for a power project in Karnataka, the public-sector Power Finance Corporation has drawn flak from the Comptroller and Auditor General for having offered undue benefits to Jindal and causing a loss of Rs.13.48 crores to itself. Himanshu Upadhyaya digs deeper.