The divestment commission, which is currently in the process of firming up its recommendations on divestment of Power Finance Corporation, has sought borrower-specific details from the power lending agency.

The commission has asked the corporation to provide details of borrowers for the past couple of years, according to official sources.

The details would enable the panel to establish the sustainability of the single sector lending agency in view of impending reforms in electricity sector.

Sources said the process of reforms has added an element of complexity to the whole issue with government on the verge of introducing Electricity Bill.

The Cabinet had last month approved introduction of the Bill which is expected to do away with the existing restrictions on power companies including the need for techno-economic clearance from Central Electricity Authority as well as permitting generators to sell power to end users without recourse to state electricity boards.

PFC, which is wholly-owned by government, was set up in 1989 to lend funds to power sector projects.

Earlier, power ministry, the administrative ministry concerned, had opposed any move to privatise the company arguing that it would not yield any benefits at this juncture.