Government has received Rs 134 crore from CONCOR as dividend tranche...
New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..
New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..
New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..
PFC extended 3 crores support for construction of Dr. KB Hegdewar School..
New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..
New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..
New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..
New Delhi:GAIL honored with Golden Peacock Award..
New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..
New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, has paid Rs 554 crore to Govt. of India as the third Interim Dividend on equity shares held by Govt. of India for the financial year 2023-24. This is in addition to Rs. 832 cro
Posted Date : 03-04-24
New Delhi: ‘PFC Consulting Limited’, a wholly-owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred a transmission project-specific Special Purpose Vehicle (SPV) ‘Solapur Transmission Limited’ to ‘Torrent Power Limited’, the succ
Posted Date : 21-03-24
The Power Finance Corporation Ltd. (PFC) recently organised a Conference of ‘Eastern & North Eastern State Sector Utilities’ on “PFC’s Financing in Dynamic Regulatory Environment” at Kovalam, Kerala, wherein 17 State Sector Power and Infrastructure Utilities of East
Posted Date : 01-03-24
New Delhi: PFC, a Maharatna company and the largest NBFC in India, is partnering with SACE, the Export Credit Agency of Italy, for an innovative ECA-backed financing facility under its "Push Strategy" initiative. This proposed partnership will position PFC as the first government-owned ent
Posted Date : 23-02-24
New Delhi: Power Finance Corporation (PFC), a leading NBFC and the largest Renewable financier in India has signed a Memorandum of Understanding (MoU) in the presence of Hon’ble Chief Minister of Goa, Dr Pramod Sawant to support Goa's climate ambitions under the Blended Finance Facility be
Posted Date : 20-02-24
Bhubaneswar: Power Finance Corporation Ltd (PFC) signed a Memorandum of Understanding (MoU) with Research and Entrepreneurship Park (REP), IIT Bhubaneswar to establish a framework for collaboration in the field of Research, Training & Capacity Building related to power, logistics and non-power i
Posted Date : 14-02-24
New Delhi: New Delhi: The Reserve Bank of India on February 6, 2024, imposed a fine of Rs 8.8 lakh (approximately $10,600) on Power Finance Corporation Limited (PFC) for failing to comply with certain regulations related to managing liquidity risk. The New Delhi-based PSU violated provisions ou
Posted Date : 06-02-24
New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held at Vigy
Posted Date : 18-01-24
New Delhi: Power Finance Corporation Ltd (PFC), India's leading financial institution in the power sector, is pleased to announce a strategic collaboration with New Energy and Industrial Technology Development Organization (NEDO), Japan's pioneering agency for promoting environmental, energy
Posted Date : 10-01-24
New Delhi: The Power Finance Corporation of India (PFC) today informed that the company gets the receipt of No Objection letter dated 09th January 2024 from Reserve Bank of India (RBI) for setting up of a Finance Company (as a wholly owned subsidiary) in International Financial Services Centre (IFSC
Posted Date : 09-01-24
Gandhinagar: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, signed an MoU with the Government of Gujarat (GoG) on January 3, 2024.
The MoU has been signed by Smt. Parminder Chopra, CMD PFC and Shri Jai Prakash Shivhare MD (GU
Posted Date : 03-01-24
Mumbai, 28th December 2023: Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidia
Posted Date : 29-12-23
Shri R. K. Singh, Honourable Union Cabinet Minister for Power and New & Renewable Energy, laid the Foundation Stone for the new Interdisciplinary Centre for Energy Research (ICER) building at IISc Bengaluru. Supported by Power Finance Corporation's CSR initiative, this Rs. 60.74 Crores proje
Posted Date : 28-12-23
New Delhi: PFC today signed an MoA for the supply and commissioning of 20 Solar PV-powered pumping structures in Purba and Paschim Medinipur Districts, West Bengal in the presence of Shri Bhaskar Bhattacharya, Independent Director, PFC.
These HP pumps come with 2000L capacity water tanks an
Posted Date : 22-12-23
New Delhi: Leading Indian stock exchanges, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), have imposed fines on Power Grid Corporation, a state-owned company, for non-compliance with regulations. The company has been fined Rs 5,42,800 by each exchange for not having the requi
Posted Date : 25-11-23
Power Finance Corporation (PFC) celebrated Vigilance Awareness Week-2023 (30th Oct – 5th Nov) with a series of impactful events and activities that upheld the spirit of integrity, transparency, and commitment to a corruption-free nation.
The week-long celebration commenced on October 30, 20
Posted Date : 07-11-23
New Delhi: Power Finance Corporation Limited (PFC) signed a Memorandum of Understanding (MoU) with the Ministry of Power (MoP) for FY 2023-24 and FY 2024-25 on 23rd October 2023 as per the DPE’s performance evaluation system.
The MoU was signed by Shri Pankaj Agarwal, Secretary, Power and S
Posted Date : 25-10-23
To reaffirm its commitment towards developing the power sector of the North Eastern Region, PFC, a Maharatna company and the leading NBFC in the Indian power sector, held its recent Board Meeting in Shillong, Meghalaya.
PFC has sanctioned loans amounting to Rs.15,000 crore for various projects du
Posted Date : 03-10-23
New Delhi: The name of Shri Om Prakash, Former General Manager (PR), of Power Finance Corporation (PFC) has been honoured in the category of "Hall of Fame" for his immense contribution to the profession during the Chanakya Awards function organised by "Public Relations Council o
Posted Date : 25-09-23
New Delhi: PFC and SJVN Ltd. have signed an MoU for providing financial support to various projects, including massive Renewable Energy ventures (Solar, Hydro, and Pumped Storage) totalling 12,178 MW capacity, along with a 660 MW thermal generation project for an estimated project cost of approximat
Posted Date : 20-09-23
