Power Finance Corporation Limited
The Corporation is registered as a Non Banking Financial Company with the Reserve Bank of India (RBI). RBI, vide its revised Certificate of Registration no. B-14.00004 dated July 28, 2010 classified the company as an ‘Infrastructure Finance Company (NBFC-ND-IFC)’.
Products & Services
PFC has been designated as the nodal agency by Ministry of Power (MoP), Government of India (GoI), for development of Ultra Mega Power Projects (UMPPs), with a capacity of atleast 3,500 MW each under Tariff based competitive bidding route. Ministry of Power is the ‘facilitator’ for the development of these UMPPs while Central Electricity Authority (CEA) is the ‘Technical Partner’. Being large in size, these projects will meet the power needs of the country through transmission of power on regional and national grids.
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