Power Finance Corporation (PFC) has reduced its Rupee Term Loan (RTL) interest rates in the range of 35 bps to 100 bps on various schemes across all categories/ grade of borrowerswith effect from 01st October’ 2015.
For Generation schemes the interest rates have been reduced by 35 bps. For Transmission & Distribution schemes it has been reduced by 50-100 bps. In case of Renewable Energy schemesalso,the interest rates have been reduced by 100 bps.
With the above reduction in interest rates, the total interest rate reduction of PFC, in the Financial Year 2015-16 till datewill be 60 bps for Generation Schemes, 75-125 bps for Transmission & Distribution Schemes and 100 bps for Renewable Energy schemes.
