State-run Power Finance CorporationBSE 1.50 % on Thursday said its consultancy arm PFC Consulting Ltd (PFCCL) has entered into a memorandum of understanding (MoU) with Tata Power Delhi Distribution Ltd for jointly exploring opportunities in electricity distribution sector in the country.

The scope of the agreement include jointly taking up various distribution projects, network strengthening, electrical mobility, smart grid, smart metering, distributed energy resources, energy storage and trainings or any other distribution scheme of the Union power ministry in various state discoms and in electricity distribution sector worldwide, an official statement said.

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