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
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
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
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
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
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
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,
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
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
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
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
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 &
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
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.
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
– ‘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
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
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
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
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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