New Delhi, 1st July 2020: Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today announced the appointment of SmtParminder Chopra as Director (Finance) of the company. She succeeds Shri N.B. Gupta, who superannuated on June 30 2020. Smt. Chopra was
New Delhi, June 29 The government’s economic response against China may see public sector financiers restricting funding of projects that ise equipment from the neighbouring country, sources said on Monday. The practice would first be adopted in the power sector,
New Delhi, June 27 State-owned financier Power Finance Corporation (PFC) has ended financial year 2019-20 (April-March) on a strong note despite numerous challenges including outbreak of COVID 19. The lending institution delivered a sound financial performance with loan sanctions of
New Delhi, June 17 Delayed by Covid-19 outbreak, the listing process o f power PSUs’ joint venture EESL is expected to commence by the end of the current or the start of next fiscal year. The ‘Super-Energy Service Company’ which was
New Delhi, June 09 Government-owned Power Finance Corporation (PFC), India’s leading NBFC, signed an MoA with Shri Kedarnath Utthan Charitable Trust, Govt. Of Uttarakhand (SKUCT) for the reconstruction and restoration of Kedarnath town and its surrounding areas. Under the MoA, PFC
New Delhi, 30th May 2020: In yet another step to fight the COVID-19 pandemic, state-owned Power Finance Corporation Ltd (PFC) has come forward to provide financial assistance of ₹ 1.23 crore to the Government of Uttarakhand. The fund will be
New Delhi, 26th May 2020: Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today entered into an agreement with Narmada Basin Projects Company Ltd. (NBPCL), a wholly-owned company of Govt. of Madhya Pradesh, to fund projects worth Rs.22,000 crore for
New Delhi, May 20 The government’s move to provide Rs 90,000 crore loans to state power distribution companies (discom) comes at an opportune time and will help clear a significant part of their obligations to power generation companies (genco), according
New Delhi, May 15 Financially stressed discoms will be offered loans at cheaper rates of 8.5 to 9 per cent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation
Highly motivating and inspirational message from CMD, PFC to its employees on performance of the Corporation during lockdown & just-concluded Financial Year Dear PFC family members I hope this message finds you and your loved ones in good health. Let
New Delhi, Mar 31 Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has pledged to contribute Rs 200 crore to the “Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund” (PM-CARES Fund) to support the
Power Finance Corporation Ltd (PFC), the leading NBFC in power sector has agreed in principle to provide a financial assistance of Rs. 50,00,000 (Rupees Fifty Lakh only) to Indian Red Cross Society. Under the CSR Initiative, the financial aid provided
New Delhi: Power Finance Corporation, a Schedule – A Navratna CPSE and India’s leading NBFC for the Power Sector has paid an interim dividend of Rs1404.37 crore to Government of India for the financial year 2019-20 on March 12th, 2020.
March 09th, New Delhi: Shri S N Sahai, Secretary (Power), Govt. of India, today inaugurated a fully functional “Women’s Convenience Lounge” for women travelers at Barakhamba Road Metro Station. The Women’s Convenience Lounge is set up by Power Finance Corporation
Aizawl (Mizoram), Mar 06 : Government-owned Power Finance Corporation (PFC), India’s leading NBFC, today inked an MoA with Health Dept Govt. Mizoram for the construction of a 100-beded Hospital at Mamit district at a cost of Rs.18 crore under its
The 4th Edition of “Industry Academia Conference” (IAC2020) by People Labs Pvt Ltd was organized recently at Hotel Pride Plaza, Aerocity-Delhi. The theme of the Conference was “Architechting Future Talent”which witnessed more than 200 leaders from Industry and Academia brain-storming
Power Finance Corporation Ltd. (PFC) has been conferred the prestigious “Governance Now PSU Award” in the category of “Resilient Growth”. Shri P.K. Singh, Director (Commercial) & Shri R.S. Dhillon, Director (Projects) of PFC received this coveted Award from Shri Arjun
New Delhi, Feb 20 State-run financial institutions or public sector enterprises such as LIC, NTPC, NHPC may pick up a stake in the Power Finance Corporation (PFC) to prevent government shareholding in the power sector financier from falling below the
NEW DELHI: Shri Rajeev Sharma, CMD, PFC has been conferred the prestigious “CBIP Award 2020 for Outstanding Contribution in Growth & Development of Indian Power Sector”. Shri Sharma received this prestigious award from Shri Rattan Lal Kataria, Hon’ble Minister of
New Delhi, Jan 27 State-owned Power Finance Corporation Limited (PFC) on Monday listed its global notes on India INX’s Global Securities Market (GSM), GIFT IFSCs leading primary market platform for raising funds from global investors. The listings are of $750
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