Back to homepage

Tag "Power Finance Corporation"

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

Read Full Article
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

Read Full Article
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

Read Full Article
PFC pays second interim dividend of Rs. 369.57 crore to Government of India for the financial year 2021-22

PFC pays second interim dividend of Rs. 369.57 crore to Government of India for the financial year 2021-22

🕔16:25, 10.Dec 2021

Mumbai, Dec 10: Power Finance Corporation, a Schedule – A Maharatna CPSE and India’s leading NBFC for the Power Sector has paid Rs 369.57 crore to Government of India and Rs 290.45 crore to other shareholders, totalling to Rs 660.02

Read Full Article
Haryana CM Manohar Lal inaugurates Phase II construction of Daulah Smartgram Secondary School in Gurugram under PFC’s CSR initiative

Haryana CM Manohar Lal inaugurates Phase II construction of Daulah Smartgram Secondary School in Gurugram under PFC’s CSR initiative

🕔13:27, 15.Nov 2021

New Delhi, 15thNov 2021: Shri Manohar Lal, Hon’ble Chief Minister of Haryana inaugurated construction of Phase-II of DaulahSmartgram Secondary School in Gurugram, Haryana in the presence of Shri Ravinder Singh Dhillon, CMD, PFC. PFC, A Maharatna Company and India’s leading

Read Full Article
PFC clocks PAT at Rs. 9,578 cr for H2 FY2122, Q2 PAT at Rs. 2,759 cr

PFC clocks PAT at Rs. 9,578 cr for H2 FY2122, Q2 PAT at Rs. 2,759 cr

🕔17:46, 11.Nov 2021

New Delhi, Nov 11 PFC a Maharatna status PSU under the Ministry of Power, today announced its financial results for Half yearly results for FY2122. The company registered 32% increase in Standalone Profit After Tax from Q2’21- PAT at Rs. 2,759

Read Full Article
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

Read Full Article
Rajiv Ranjan Jha takes charge as Director (Projects) at Power Finance Corporation

Rajiv Ranjan Jha takes charge as Director (Projects) at Power Finance Corporation

🕔15:17, 28.Oct 2021

New Delhi, 28th, October 2021:Power Finance Corporation Ltd, a Maharatna CPSE company and India’s leading power sector focussed non-banking financial firm, today announced the appointment of Rajiv Ranjan Jha as Director (Projects). R R Jha was earlier working as Executive

Read Full Article
Government Accords the Highest Recognition of“Maharatna” status to PFC

Government Accords the Highest Recognition of“Maharatna” status to PFC

🕔18:30, 12.Oct 2021

New Delhi, Oct 12 Govt. of India accorded the prestigious ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC), thus giving PFC greater operational and financial autonomy. An order to this effect was issued today by the Department of Public

Read Full Article
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,

Read Full Article
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

Read Full Article
“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

Read Full Article
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

Read Full Article
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

Read Full Article
PFC bestowed with the prestigious “Governance Now” Award for “Strategic Performance”

PFC bestowed with the prestigious “Governance Now” Award for “Strategic Performance”

🕔14:11, 12.Aug 2021

New Delhi, August 11th, 2021: Power Finance Corporation Ltd. (PFC) country’s leading NBFC in the power sector, has been conferred with the “Governance Now” Award in the category of “Strategic Performance” during the 8th PSU Awards organised by Governance Now.

Read Full Article
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 &

Read Full Article
33/11kV 10 MVA Substation under the IPDS scheme inaugurated in Bandipora as part of ‘Azadi ka Amrit Mahotsav’

33/11kV 10 MVA Substation under the IPDS scheme inaugurated in Bandipora as part of ‘Azadi ka Amrit Mahotsav’

🕔19:33, 24.Jul 2021

Power Finance Corporation is the Nodal Agency for the IPDS scheme Bandipora, July 24 2021: A 33/11kV 10 MVA Substation commissioned under the IPDS scheme of the Government of India was inaugurated in Nusso, Bandipora. Power Finance Corporation is the

Read Full Article
Power Minister releases “Ranking &9th Integrated Rating of State Power Distribution utilities” Report

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

🕔14:55, 17.Jul 2021

New Delhi, July 16 – 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

Read Full Article
PFC Consulting sets up SPV for transmission projects in UP

PFC Consulting sets up SPV for transmission projects in UP

🕔17:19, 18.Jun 2021

New Delhi, June 18  PFC Consulting Ltd., a wholly owned subsidiary of power sector lender Power Finance Corporation Ltd., has incorporated a special purpose vehicle to develop a transmission scheme in Uttar Pradesh. In a stock exchange filing, PFC said

Read Full Article
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.

Read Full Article