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PFC-REC makes further reduction in lending rates

PFC-REC makes further reduction in lending rates

🕔11:47, 19.Jan 2022

New Delhi, Jan 19 Power Finance Corporation and REC Limited have further reduced their lending rates across all types of loans by 40 Bps. In the last about one year, both the organisations have reduced lending rates cumulatively by upto

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PFC conferred with ‘IEI Industry Excellence Award 2021’

PFC conferred with ‘IEI Industry Excellence Award 2021’

🕔19:24, 27.Dec 2021

New Delhi, 27th December 2021: In yet another recognition for excellence in operations, Power Finance Corporation, a Maharatna CPSE and India’s leading power sector focused non-banking financial company has been conferred with the prestigious ‘IEI Industry Excellence Award 2021’. The

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PFC enters pact to finance 350 electric buses in Uttar Pradesh

PFC enters pact to finance 350 electric buses in Uttar Pradesh

🕔17:14, 15.Dec 2021

New Delhi, 15th December, 2021: PFC, a Maharatna company and India’s leading NBFC in the power sector, today signed an agreement to lend Rs 275 crore for deployment of 350 electric buses across nine cities of Uttar Pradesh. The agreement

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PFC, subsidiary REC sole institutions provided finances to coal projects: Report

PFC, subsidiary REC sole institutions provided finances to coal projects: Report

🕔17:44, 14.Dec 2021

New Delhi, Dec 14 (IANS) An analysis on Tuesday identified Power Finance Corporation (PFC), and its subsidiary Rural Electrification Corporation (REC), as the sole state-owned financial institutions that provided project financing to coal power projects in 2020. The fourth edition of

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PFC & PFCCL OBSERVE VIGILANCE AWARENESS WEEK 2021

PFC & PFCCL OBSERVE VIGILANCE AWARENESS WEEK 2021

🕔16:31, 9.Nov 2021

New Delhi, Nov 09: P.K. Singh, Director (Commercial) & R.R. Jha, Director (Projects) administering the ‘Integrity Pledge’ to all employees Power Finance Corporation (PFC), its subsidiary PFCCL and regional offices observed Vigilance Awareness Week 2021 w.e.f. 26.10.2021 to 01.11.2021 on

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Govt looks at having lender nominees on boards of stressed state discoms

Govt looks at having lender nominees on boards of stressed state discoms

🕔13:10, 6.Oct 2021

New Delhi, Oct 6 (IANS) In order to facilitate turnaround of the operations of loss-making discoms and ensure financial discipline, the government wants power sector lenders Power Finance Corporation and the Rural Electrification Corporation to place their nominees in the boards

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33/11 KV GIS Substation and RT- DAS Control System inaugurated in Dehradun as part of ‘Azadi ka Amrit Mahotsav’

33/11 KV GIS Substation and RT- DAS Control System inaugurated in Dehradun as part of ‘Azadi ka Amrit Mahotsav’

🕔17:29, 5.Oct 2021

Power Finance Corporation is the Nodal Agency for the IPDS scheme  Mumbai, 05th October 2021: A 33/11kV GIS (Gas Insulated Switchgear) Sub Station, and RT- DAS (Real Time Data Acquisition system) Control System under the IPDS scheme of Government of India,

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PFC celebrates ‘Azadi Ka Amrit Mahotsav’ in Meghalaya

PFC celebrates ‘Azadi Ka Amrit Mahotsav’ in Meghalaya

🕔11:41, 3.Oct 2021

Company distributes LED Bulbs in local community to create Energy Efficiency Awareness  Mumbai, 3rd October 2021: State-owned Power Finance Corporation Ltd (PFC), the leading NBFC in India’s power sector, celebrated ‘Azadi Ka Amrit Mahotsav’ marking 75 years of India’s Independence, by

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“PFC issues India’s first-ever Euro Green Bonds”

“PFC issues India’s first-ever Euro Green Bonds”

🕔13:58, 16.Sep 2021

New Delhi: Power Finance Corporation Ltd (PFC), the leading NBFC in power sector,has successfully issued its maidenEuro 300 million 7 year Euro Bond issuance on 13.09.2021.The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in

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पीएफसी को राजभाषा में श्रेष्ठ कार्य-निष्पादन के लिए ‘राजभाषा कीर्ति’ प्रथम पुरस्कार

पीएफसी को राजभाषा में श्रेष्ठ कार्य-निष्पादन के लिए ‘राजभाषा कीर्ति’ प्रथम पुरस्कार

🕔17:45, 14.Sep 2021

नई दिल्ली, 14 सितंबर, पीएफसी को राजभाषा में श्रेष्ठ कार्य-निष्पादन के लिए ‘क’ क्षेत्र के उपक्रमों की श्रेणी में वर्ष 2019-20 और वर्ष 2020-21 के लिए सर्वोच्च एवं प्रतिष्ठित ‘राजभाषा कीर्ति’ प्रथम पुरस्कार प्रदान किए गए। हिंदी दिवस के अवसर

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PFC in pact with NHPC to lend funds for the development of hydro projects

PFC in pact with NHPC to lend funds for the development of hydro projects

🕔18:30, 24.Aug 2021

To also, provide funds for NHPC’s acquisition of stressed projects New Delhi, Aug 24 Power Finance Corporation Ltd. (PFC) signed a Memorandum of Understanding (MoU) with NHPC Ltd. to lend funds for the development of Hydro Projects by NHPC. PFC

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33/11kV 6.3 MVA Power Sub Station under the IPDS scheme of Government of India inaugurated in Nonial Nowshera as part of ‘Azadi ka Amrit Mahotsav’

33/11kV 6.3 MVA Power Sub Station under the IPDS scheme of Government of India inaugurated in Nonial Nowshera as part of ‘Azadi ka Amrit Mahotsav’

🕔17:12, 5.Aug 2021

Power Finance Corporation is the Nodal Agency for the IPDS scheme Rajouri, 5th August 2021: A 33/11kV 6.3 MVA Power Sub Station, commissioned under the IPDS scheme of Government of India, was inaugurated at Nonial Nowshera, Rajouri in Jammu &

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R K Singh, Power Minister releases “Ranking &9th Integrated Rating of State Power Distribution utilities” Report

R K Singh, Power Minister releases “Ranking &9th Integrated Rating of State Power Distribution utilities” Report

🕔05:48, 17.Jul 2021

New Delhi, July 16 – Union Minister of Power, New and Renewable Energy, R.K. Singh today released the “Ranking &Ninth Integrated Ratings for State-owned Power Distribution Utilities” on the occasion of PFC’s 36th Foundation Day in the presence of Krishan

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Power Finance Corporation logs highest ever net profit of Rs 8,444 cr for FY 21, up 49% on Y-o-Y basis

Power Finance Corporation logs highest ever net profit of Rs 8,444 cr for FY 21, up 49% on Y-o-Y basis

🕔15:21, 15.Jun 2021

New Delhi, 15th June, 2021: State-owned non-banking financial firm Power Finance Corporation (PFC) records highest ever net profit of 8,444 cr for FY 21, up 49% on Y-o-Y basis. The company had its Standalone Highest Annual PAT of Rs.8,444 cr.

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Bhagalpur power sub-station to benefit 1.21 lakh people

Bhagalpur power sub-station to benefit 1.21 lakh people

🕔05:12, 10.Apr 2021

Patna, April 10  After Purnea, Power Finance Corporation (PFC) in association with South Bihar Power Distribution Company Ltd has commissioned a 2X10 MVA GIS Sub-station at Bihar’s Bhagalpur town on Friday. The GIS sub-station is a part of Integrated Power

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केंद्र सरकार की आईपीडीएस योजना के तहत भागलपुर में 2 x10 एमवीए जीआईएस सबस्टेशन का उद्घाटन

केंद्र सरकार की आईपीडीएस योजना के तहत भागलपुर में 2 x10 एमवीए जीआईएस सबस्टेशन का उद्घाटन

🕔16:24, 9.Apr 2021

– ‘आजादी के अमृत महोत्सव’ के हिस्से के रूप में किया गया सबस्टेशन का उद्घाटन – आईपीडीएस योजना के तहत क्रियान्वित परियोजना के लिए पावर फाइनेंस कॉर्पोरेशन नोडल एजेंसी भागलपुर, 9 अप्रैल 2021- भारत सरकार की आईपीडीएस योजना के तहत

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Electricity sub-station commissioned in Bihar’s Purnea

Electricity sub-station commissioned in Bihar’s Purnea

🕔06:50, 9.Apr 2021

Patna, April 9 The North Bihar Power Distribution Corporation Ltd (NBPDCL) in association with the Power Finance Corporation (PFC) on Thursday inaugurated a 2×10 MVA GIS sub-station in Purnea district. The GIS sub-station will benefit approximately 3.26 lakh people of

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2×10 MVA GIS Substation under the IPDS scheme of GoI inaugurated in Purnia as part of ‘Azadi ka Amrit Mahotsav’

2×10 MVA GIS Substation under the IPDS scheme of GoI inaugurated in Purnia as part of ‘Azadi ka Amrit Mahotsav’

🕔20:10, 8.Apr 2021

Purnia, April 8 2021:As part of the ‘Azadi ka Amrit Mahotsav’, 2×10 MVA GIS Substation was inaugurated in Purnia, Bihar under the IPDS scheme of Government of India. The 2×10 MVA GIS Substation was commissioned by North Bihar Power Distribution

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PFC and REC reduce lending rates

PFC and REC reduce lending rates

🕔19:53, 31.Mar 2021

New Delhi, Mar 31  PFC and REC, Navratna CPSEs under Ministry of Power, are the prime financiers of Indian Power Sector capturing a significant market share in financing Indian Power Sector. PFC and REC as group companies have been aligning

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PFC completes successful resolution of 120 MW Rangit-IV HEP of Jal Power Corporation Ltd. with handover to NHPC Ltd

PFC completes successful resolution of 120 MW Rangit-IV HEP of Jal Power Corporation Ltd. with handover to NHPC Ltd

🕔18:17, 31.Mar 2021

New Delhi, Mar 31 Power Finance Corporation (PFC) as lead FI and PNB as co-lender of the consortium, completes successful resolution of stressed asset – 4×30 MW Rangit-IV HEP of Jal Power Corporation Ltd (JPCL) and handed over the project

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