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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 signs MoA for skill development training of 500 unemployed

NEW DELHI: State-owned leading Non-Banking Financial Corporation (NBFC), Power Finance Corporation Ltd (PFC) has signed a Memorandum of Agreement with Indo German Institute of Advanced Technology (IGIAT) for providing financial assistance for various skilling programme. Under the MoA, PFC Ltd wil
Posted Date :  25-02-20

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PFC Bags The Prestigious Governance Now PSU Award

NEW DELHI . Power Finance Corporation Ltd. (PFC) has been conferred the prestigious “Governance Now PSU Award” in the category of “Resilient Growth”. Shri P.K. Singh, Director (Commercial) & Shri R.S. Dhillon, Director (Projects) of PFC received this coveted Award from Shri Arjun Ram Megh
Posted Date :  20-02-20

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Shri Rajeev Sharma CMD PFC Receives The CBIP Award 2020

NEW DELHI: Shri Rajeev Sharma, CMD, PFC has been conferred the prestigious “CBIP Award 2020 for Outstanding Contribution in Growth & Development of Indian Power Sector”. Shri Sharma received this prestigious award from Shri Rattan Lal Kataria, Hon’ble Minister of State for Jal Shakti, Govt.
Posted Date :  19-02-20

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Listing ceremony of foreign currency bonds for PFC

New Delhi: Shri R.K. Singh, Hon’ble Minister of State (IC) for Power and New & Renewable Energy along with Shri S.N Sahay, Secreatry (Power) and Shri Rajeev Sharma, CMD PFC Ltd. at the Listing ceremony of USD 750 million Foreign Bonds on NSE International Exchange. Also, present on the occasion
Posted Date :  27-01-20

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PFC visits to the power pavilion

NEW DELHI. Shri Rajeev Sharma, CMD, PFC visited to the ‘Power Pavilion’ at the ELECRAMA International Exhibition at India Expo Mart, Greater Noida yesterday. He was received by Powergrid, NTPC, CPRI, SJVN, EESL & PFC officials.PFC visits to the power pavilion
Posted Date :  23-01-20

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PFC is the 1st indian public sector company

New Delhi: PFC is the 1st Indian Public Sector Company to issue Senior Unsecured USD Bonds for a tenor of more than 10 years PFC, the leading NBFC in power sector, successfully carried out the issuance of 10.25 year USD 750 million bonds on 15th January 2020 under Reg S & 144 A route. The bonds h
Posted Date :  17-01-20

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PFC Launch IPDS Calendar 2020

New Delhi: Hon'ble Minister of State for Power Sh. R K Singh and other senior officers of Ministry of Power, PFC & REC unveiled the IPDS Calendar 2020 during the Review, Planning & Monitoring (RPM) meeting on 09th January 2020.     The Calendar has been designed by PFC based on pic
Posted Date :  10-01-20

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PFC organised a self defence training program for women

New Delhi: Keeping yourself safe is a priority, and every women deserves to know the proper skills to defend herself if or when danger attacks. Women should be aware of the strategies to be adopted under different adverse circumstances.   PFC in collaboration with Vriksh Consulting Priva
Posted Date :  09-01-20

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MS unit organizes IT awareness training program in PFC

Gurgaon: MS Unit organized the IT Awareness Training Program from 18 to 24 Dec 2019 in PFC premises for all employees and staff in PFC and PFCCL. This was to create awareness and sensitivity among the users about inculcating best IT practices in day to day work.   The program was conduct
Posted Date :  09-01-20

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Mrs Parminder Chopra selected for director PFC

NEW DELHI . PESB has recommneded the name of MRS. PARMINDER CHOPRA, Executive Director, PFC for the post of Director (Finance), Power Finance Corporation (PFC)   The following officials appeared in the interviewed :   Shri . AJOY CHOUDHURY, Executive Director, Rural Electrificat
Posted Date :  14-12-19

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PFC conferred with ASIAs most trusted companies award 2019 by IBC

NEW DELHI .Shri P.K. Singh, Director (Commercial) and Shri Y. Venugopal, General Manager, PFC receiving the prestigious “Asia’s Most Trusted Companies Award 2019” from Mr. Hemant Kaushik, CEO & Chairman of IBC & Mr. Zenith Samransamruadkit, Thai Police Major General Commander   Asi
Posted Date :  13-12-19

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PESB picks Shri Ravinder Singh Dhillon for CMD PFC

NEW DELHI . PESB has recommended the name of Shri RAVINDER SINGH DHILLON, Director(Project), PFC,for the post of Chairman & Managing Director, Power Finance Corporation. The following officals were interviewed in the selection meeting: MR. RAVINDER SINGH DHILLON, Director(Project), Power
Posted Date :  10-12-19

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EESL Provides Electric Car For PFC

NEW DELHI . Shri Saurabh Kumar, MD, EESL handing over the keys of the Electric Car to Shri Rajeev Sharma, CMD, PFC in the presence of senior officials of PFC & EESL at Urjanidhi
Posted Date :  27-11-19

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Painting Competition on Energy Conservation 2019

New Delhi: The Painting Competition on Energy Conservation is an annual event of Ministry of Power conducted every year on the occasion of Children's Day i.e. 14.11.19. PFC is the nodal agency for conducting this event in Delhi NCR region. Like every year, this year too, the event witnessed h
Posted Date :  21-11-19

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PFC observes Vigilance Awareness Week 2019

New Delhi : As per directions of the Central Vigilance Commission, Vigilance Awareness Week-2019 was observed in PFC from 28-10-2019 to 02-11-2019. CMD, PFC Shri Rajeev Sharma along with Directors & CVO Shri Birendra Kumar administered “SatyaNishtha Pratigya” (Integrity Pledge) to all employe
Posted Date :  06-11-19

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PFC signs a Loan Agreement for EUR 200 million with KfW

NEW DELHI .  PFC has signed a Loan Agreement for EUR 200 million with KfW on 1st Nov, 2019 which is a financial assistance from Government of the Federal Republic of Germany. PFC will on-lend these funds for development of the distribution infrastructure of State-owned Companies.   Agre
Posted Date :  01-11-19

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