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Power Finance Corporation Limited

Power Finance Corporation Ltd. is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. Net worth of the company in the year 2007-2008 was 8688 Crore Indian Rupees.

Power Finance Corporation Ltd. is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. Net worth of the company in the year 2007-2008 was 8688 Crore Indian Rupees. Initially wholly owned by the Government of India, the company issued an Initial Public Offering in January, 2007. The issue was oversubscribed by over 76 times, which is one of the largest for an IPO of any Indian Company in recent times. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has been conferred with many prestigious awards, the latest of which is 'KPMG-Infrastructure Today Award 2008' for its contribution in development of power sector. It is also an ISO 9001: 2000 certified company and enjoys the status of Navratna Company in India. On the 6th of December 2018, the Government of India approved PFC's takeover of REC.

Power Finance Corporation Limited news

PFC issues India`s first-ever Euro Green Bonds

New Delhi: Power Finance Corporation Ltd (PFC), the leading NBFC in the power sector, has successfully issued its maiden Euro 300 million 7 year Euro Bond issuance on 13.09.2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets. This is a mile
Posted Date :  16-09-21

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Inauguration of 33/11kv Power Substation, commissioned by TSECL

New Delhi: In yet another initiative, as part of Azadi ka Amrit Mahotsav, 2X8 MVA, 33/KV substations were inaugurated today at Dharmanagar & Kumarghat districts of North Tripura (21st August 2021) by the Honourable Deputy Chief Minister of Tripura, Shri Jishnu Dev Varma in the presence of Shri B
Posted Date :  21-08-21

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PFC's 35 glorious years in service of the nation

New Delhi: Power Finance Corporation completed 35 glorious years in service of the Nation. On this momentous occasion, we would like to thank the Ministry of Power and the Government of India for their continuous guidance and support. Our deepest gratitude to all our stakeholders for making PFC Indi
Posted Date :  16-07-21

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PFC organises Covid-19 vaccination camp, 556 people vaccinated

New Delhi: 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 other CPSUs working under the administrative con
Posted Date :  10-05-21

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PFC organised Covid-19 vaccination camp at new Delhi

New Delhi: A Covid-19 vaccination camp was organised by Power Finance Corporation Limited, A Navratna PSU for their employees, Ministry of Power, and other PSUs under MoP on May 06, 2021, at its office complex at New Delhi.   The vaccination drive was for 18-45 years (First dose of Covish
Posted Date :  07-05-21

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PFC pays interim dividend of Rs 1182.63 crore to Govt for FY 2020-21

New Delhi: Power Finance Corporation, a Schedule - A Navratna CPSE and India’s leading NBFC for the Power Sector has paid an interim dividend of Rs 1182.63 crore to the Government of India for the financial year 2020-21 on March 31st, 2021 on 1,47,82,91,778 number of equity shares (56%) held b
Posted Date :  01-04-21

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PFC and REC reduce lending rates for business growth

New Delhi: PFC and REC, Navratna CPSEs under Ministry of Power, are the prime financiers of the Indian Power Sector capturing a significant market share in financing the Indian Power Sector. PFC and REC as group companies have been aligning operations to realise synergies. As a part of such an effor
Posted Date :  31-03-21

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PFC organizes 23rd Inter CPSU Table Tennis Tournament

New Delhi: Power Finance Corporation Ltd. (PFC), the leading NBFC in the Power Sector, organised the 23 rd Inter CPSU Table Tennis Tournament in collaboration with the Power Sports Control Board from 5 th to 8 th March 2021 at Thyagaraj Stadium, INA, New Delhi. Eleven teams from various entities
Posted Date :  09-03-21

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REC, PFC signs MoU with Kholongchhu Hydro Energy Ltd

New Delhi: REC Limited and Power Finance Corporation Limited signed MoU with Kholongchhu Hydro Energy Ltd. for extending a loan of around Rs. 4400 Crore for 600 MW hydroelectric project in Bhutan. The MoU was signed in the presence of CMDs of REC, PFC & SJVNL, Chairman KHEL, Director Technical &
Posted Date :  09-03-21

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