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.
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
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
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
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
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
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
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
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
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
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
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
New Delhi, Jan 14 Power Finance Corporation Ltd (PFC) plans to raise up to Rs 10,000 crore through public issue of non-convertible debentures (NCDs). It will open its Rs 5,000 crore public issue of secured, redeemable NCDs on Friday, January
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
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
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
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.
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,
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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