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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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PFC organises Covid-19 vaccination camp, 556 people vaccinated

PFC organises Covid-19 vaccination camp, 556 people vaccinated

🕔18:48, 10.May 2021

New Delhi, May 10 2021: State-owned non-banking financial firm, Power Finance Corporation (PFC) organised Covid-19 vaccination camps for employees and dependent family members of PFC and PFCCL (between 18 to 44 years) , employees of Ministry of Power (MoP) and

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S S Rao elected as Chairman PRSI , Delhi Chapter

S S Rao elected as Chairman PRSI , Delhi Chapter

🕔21:20, 25.Apr 2021

NEW DELHI . S S Rao , Chief General Manager , PR, Power Finance Corporation has been unanimously elected as Chairman , Public Relations Society of India , Delhi Chapter for the period of 2021-23. Till now he was holding

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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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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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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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Financial Assistance of Rs. 4058 Crore (plus 20% standby facility) to KHEL for 600 MW Hydro Electric Project at TrashiYangtse, Bhutan

Financial Assistance of Rs. 4058 Crore (plus 20% standby facility) to KHEL for 600 MW Hydro Electric Project at TrashiYangtse, Bhutan

🕔16:36, 11.Mar 2021

Power Finance Corporation Ltd. (PFC) along with REC Ltd. signed a Memorandum of Understanding (MoU) with Kholongchhu Hydro Energy Ltd (KHEL) for extending a Term Loan of Rs.4058 Crore for 600 MW Hydro Electric Project at TrashiYangtse, Bhutan. The project

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PFC celebrates “International Women’s Day” 2021

PFC celebrates “International Women’s Day” 2021

🕔17:18, 8.Mar 2021

New Delhi, 8th March 2021: Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, celebrated “International Women’s Day” with full enthusiasm and pledged to create a supportive work environment for women. On this occasion, Smt. Parminder Chopra, Director

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PFC extends financial support for construction of Extension Building at Dr K.B. Hegdewar School, Bambolim, Goa

PFC extends financial support for construction of Extension Building at Dr K.B. Hegdewar School, Bambolim, Goa

🕔19:36, 2.Mar 2021

New Delhi, March 02 Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has extended its financial support for the construction of stilt plus two-storied School Building at Dr K.B. Hegdewar School premises, in Bambolim, Goa as part

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PFC reports 17 per cent jump in net profit at Rs 3,963 cr in Dec quarter

PFC reports 17 per cent jump in net profit at Rs 3,963 cr in Dec quarter

🕔17:31, 11.Feb 2021

Records all-time high Quarterly PAT of Rs.2,333 cr. 39% jump in Standalone Profit After Tax from Q3’20 . PAT at Rs.2,333 cr. for Q3’21.Vs Rs.1,680 cr. in Q3 ’20 45% jump in Standalone Profit After Tax from 9M’20 – PAT

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PFC issues USD 500 million Senior Unsecured USD Bonds for more than 10 years

PFC issues USD 500 million Senior Unsecured USD Bonds for more than 10 years

🕔14:22, 2.Feb 2021

New Delhi, 2nd Feburary 2021: Power Finance Corporation Ltd (PFC), the leading NBFC in power sector, successfully raised USD 500 million on 29.01.2020 through the issuance of USD denominated Bonds under ‘Reg S route’ with a fixed maturity of 16.05.2031. This

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‘Power Cup 2021’ friendly cricket match played between Ministry of Power and Power CPSU teams

‘Power Cup 2021’ friendly cricket match played between Ministry of Power and Power CPSU teams

🕔19:26, 30.Jan 2021

Faridabad, Jan 30 ‘Power Cup 2021’, a friendly cricket match was played between teams of Ministry of Power, Govt. of India and Power CPSU teams on 30th January 2021 at New Delhi. R.K. Singh, Union Minister of State (I/c), Ministry

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Public Issue of Debentures amounting to Rs 5,000 crores by Power Finance Corporation Limited opens on January 15, 2021

Public Issue of Debentures amounting to Rs 5,000 crores by Power Finance Corporation Limited opens on January 15, 2021

🕔13:07, 14.Jan 2021

Debentures of Power Finance Corporation, offers coupon ratesranging upto 7.15% p.a.$across maturities 500 crores base Issue size; option to retain oversubscription up to Rs. 4,500 crores aggregating uptoRs. 5000 crores, which is within the shelf limit of Rs 10,000 crores

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PFC wins the Gold Award for ‘Best Performing PSU’ at the prestigious SKOCH Awards

PFC wins the Gold Award for ‘Best Performing PSU’ at the prestigious SKOCH Awards

🕔14:54, 30.Nov 2020

New Delhi, 30th November, 2020: Government-owned Power Finance Corporation (PFC), India’s leading NBFC, has won the Gold Award for Best Performing PSU for Covid Activities at the prestigious SKOCH Awards. The award was bestowed for consistent performance by PFC across

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PFC net profit jumps 72% to Rs 4,290 cr in Sep qtr

PFC net profit jumps 72% to Rs 4,290 cr in Sep qtr

🕔17:36, 12.Nov 2020

New Delhi, Nov 12: State-run Power Finance Corporation (PFC) on Thursday reported a 72 per cent jump in its consolidated net profit at Rs 4,290 crore in the July-September quarter on account of higher revenues. Its net profit was Rs

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PFC Observes Vigilance Awareness Week 2020

PFC Observes Vigilance Awareness Week 2020

🕔14:26, 27.Oct 2020

New Delhi; 27.10.2020 : The Power Finance Corporation Ltd (PFC) shall be observing the “Vigilance Awareness Week-2020” from 27th October to 2nd November 2020. Shri Ravinder Singh Dhillon, CMD, PFC along with Shri P K Singh, Director (Commercial) & Addl.

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PFC’s CMD dedicates solar roof top system to ASHA school, Delhi Cant run by Army Wives Welfare Association

PFC’s CMD dedicates solar roof top system to ASHA school, Delhi Cant run by Army Wives Welfare Association

🕔19:13, 10.Sep 2020

Power Finance Corporation (PFC), India’s leading NBFC, under its CSR initiative has installed a standalone solar roof top system at ASHA school, run by Indian Army Wives Welfare Association in Delhi Cantonment. Shri Ravinder Singh Dhillon Chairman and Managing Director,

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PFC to raise foreign currency borrowing going ahead : CMD

PFC to raise foreign currency borrowing going ahead : CMD

🕔16:48, 8.Sep 2020

New Delhi, Sep 8 Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder Singh Dhillon, the CMD of the company. In his speech at the 34th Annual General Meeting of PFC, Dhillon said that

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