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
Bengaluru, March 07 S.S Rao ,CGM (PR).Power Finance Corporation has been honoured with Hall of Fame Award in recognisation to his immense contribution to enrich the profession . Award was presented during the Global Communication Conclave organised by Public Relations
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
New Delhi, March 03 R Murahari has been promoted to the post of Executive Director (HR,CSR, PR & Rajbhasha), PFC. A post-graduate in Energy Studies from IIT, Delhi, Murahari joined PFC in 1993 and has made significant contribution in the
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
New Delhi, January 17 Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, successfully carried out the issuance of 10.25 year USD 750 million bonds on 15th January 2020 under Reg S & 144 A route. The bonds
Power Finance Corporation Limited has been awarded with the ‘Swachh Bharat Award 2019’ for its significant CSR contribution under the initiative of Swachh Bharat Kosh. Shri Gajendra Singh Shekhawat, Minister of Jal Shakti, Ministry of Jal Shakti Department of Water
New Delhi, July 01 Power Finance Corporation Limited (PFC) has successfully raised equivalent USD 300 Million through 3 Year Syndicated Loan from State Bank of India, Hong Kong and MUFG Bank Limited, Singapore. This is PFC’s second foreign currency borrowing
New Delhi, June 20 Power Finance Corporation Ltd. may reduce its share capital post merger with REC Ltd. in order to maintain its public sector character of the merged entity with 51 per cent shareholding of the government. Post PFC-REC
New Delhi, April 4 The Power Finance Corporation (PFC) plans fresh resolution of eight stressed power projects, including Essar Mahan’s 600 MW plant and GMR Raikheda’s 1,370 MW plant following the Supreme Court decision annulling an earlier RBI circular. The
Mumbai, Feb 19 The Power Finance Corporation (PFC) on Monday said that it plans to acquire government’s shareholding and management control of Rural Electrification Corporation (REC) by March 31, 2019. In December 2018, the central government had given an “in
Power Finance Corporation’sProfit After Tax (PAT) is up by 53% from Rs.1,355crorein the second quarter to Rs. 2076crore during the third quarter (October-December) of the current Financial year of 2018-19. The Net Interest Income rose by 12% to reach a
Mumbai, Jan 23 N.B. Gupta, Director (Finance), Power Finance Corporation (PFC) has won a prestigious award in the 12th ICAI’s “Leaders & Business Excellence Awards” for his dynamic and outstanding leadership. Mr Gupta received the award from Vijay Goel, Minister of State
New Delhi, Dec 7 The Cabinet Committee on Economic Affairs (CCEA) on Thursday accorded in-principle approval for the strategic sale of the governments existing 52.63 per cent majority shareholding in the Rural Electrification Corporation (REC) to the state-run Power Finance
New Delhi, Nov 02 Consistent with its higher volume of operations, Power Finance Corporation’s Profit After Tax (PAT) is up by 16% from Rs.2348 crore to Rs. 2728 crore during the first half (April-September) of the current Financial year of
New Delhi, Oct 30 On the occasion of ‘Vigilance Awareness Week’, Rajeev Sharma, CMD, PFC administered the Integrity Pledge to all the employees of the Corporation and employees in one voice vowed to fight corruption in all walks of life. CVO,
New Delhi, Sep 18 A Memorandum of Agreement has been signed amongst PFC, NBCC (India) Ltd. and Swami Satyanand Trust for Handicapped India(SSTHI), Meerut to extend Rs. 4.43 Crore for Construction of ‘Brij Mohan School for the Blind’ in Meerut
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