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Parminder Chopra takes charge as Director (Finance), PFC

Parminder Chopra takes charge as Director (Finance), PFC

🕔12:17, 1.Jul 2020

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

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PFC, REC may restrict funding to power projects based on Chinese equipment

PFC, REC may restrict funding to power projects based on Chinese equipment

🕔18:42, 29.Jun 2020

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,

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PFC ends on strong note with loan sanctions of over Rs 1 Lakh Cr

PFC ends on strong note with loan sanctions of over Rs 1 Lakh Cr

🕔13:13, 27.Jun 2020

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

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Delayed not dead: EESL plans Rs 5K cr IPO

Delayed not dead: EESL plans Rs 5K cr IPO

🕔17:35, 17.Jun 2020

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

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PFC signs agreement with Shri Kedarnath Utthan Charitable Trust, Government of Uttarakhand for reconstruction & restoration of Kedarnath town and its surrounding areas

PFC signs agreement with Shri Kedarnath Utthan Charitable Trust, Government of Uttarakhand for reconstruction & restoration of Kedarnath town and its surrounding areas

🕔20:48, 9.Jun 2020

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

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PFC to provide PPE Kits and Ambulances to Government of Uttarakhand in its fight against COVID-19

PFC to provide PPE Kits and Ambulances to Government of Uttarakhand in its fight against COVID-19

🕔16:37, 30.May 2020

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

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PFC signs MoU with NBPCL to fund projects worth ₹ 22,000 crore for 225 MW hydro-electric projects & Multipurpose projects in Madhya Pradesh

PFC signs MoU with NBPCL to fund projects worth ₹ 22,000 crore for 225 MW hydro-electric projects & Multipurpose projects in Madhya Pradesh

🕔16:52, 26.May 2020

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

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Rs 90,000 cr liquidity injection a breather for power gencos

Rs 90,000 cr liquidity injection a breather for power gencos

🕔15:27, 20.May 2020

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

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Discoms to get loans at cheaper rate to pay dues to Gencos: Minister

Discoms to get loans at cheaper rate to pay dues to Gencos: Minister

🕔07:31, 15.May 2020

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

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PFC CMD sends a inspiring message to employees

PFC CMD sends a inspiring message to employees

🕔11:28, 1.Apr 2020

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

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Power Finance Corporation contributes Rs 200 crore under CSR to “PM CARES Fund” in fight against COVID-19

Power Finance Corporation contributes Rs 200 crore under CSR to “PM CARES Fund” in fight against COVID-19

🕔12:44, 31.Mar 2020

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

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PFC extends support to fight COVID-19 in Rajasthan

PFC extends support to fight COVID-19 in Rajasthan

🕔18:07, 24.Mar 2020

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

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PFC pays interim dividend of Rs1404.37 crore to Government of India for the financial year 2019-20

PFC pays interim dividend of Rs1404.37 crore to Government of India for the financial year 2019-20

🕔15:53, 12.Mar 2020

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.

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Secretary (Power), Govt. of India, inaugurates Women’s Convenience Lounge at Barakhambha Metro Station

Secretary (Power), Govt. of India, inaugurates Women’s Convenience Lounge at Barakhambha Metro Station

🕔13:30, 9.Mar 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

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PFC inks MoA for 100-bed hospital in Mizoram

PFC inks MoA for 100-bed hospital in Mizoram

🕔13:06, 6.Mar 2020

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

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P.K. SINGH, DIRECTOR (COMMERCIAL), PFC RECEIVES “CHANGE MAESTRO AND INSTITUTION BUILDER OF THE YEAR” AWARD

P.K. SINGH, DIRECTOR (COMMERCIAL), PFC RECEIVES “CHANGE MAESTRO AND INSTITUTION BUILDER OF THE YEAR” AWARD

🕔06:00, 3.Mar 2020

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

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PFC BAGS THE PRESTIGIOUS “GOVERNANCE NOW PSU AWARD”

PFC BAGS THE PRESTIGIOUS “GOVERNANCE NOW PSU AWARD”

🕔13:07, 20.Feb 2020

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

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PSUs may pick stake in merged PFC-REC entity to keep 51% govt holding

PSUs may pick stake in merged PFC-REC entity to keep 51% govt holding

🕔07:38, 20.Feb 2020

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

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RAJEEV SHARMA, CMD, PFC RECEIVES THE COVETED “CBIP AWARD FOR OUTSTANDING CONTRIBUTION TO POWER SECTOR”

RAJEEV SHARMA, CMD, PFC RECEIVES THE COVETED “CBIP AWARD FOR OUTSTANDING CONTRIBUTION TO POWER SECTOR”

🕔14:17, 19.Feb 2020

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

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PFC lists global notes of $750 mln on India INX

PFC lists global notes of $750 mln on India INX

🕔15:53, 27.Jan 2020

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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