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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 organized Mock drills and fire safety training

NEW DELHI- Mock drills and fire safety training were organized at PFC to spread awareness about fire safety on 18th March 2023. A team from Cosmos System, employees and security staff from PFC participated in the mock drill to tackle a possible incident of fire.  The drill also included the
Posted Date :  20-03-23

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Shri Rajesh Shahi, ED, PFC participated in Panel Discussion

NEW DELHI- Shri Rajesh Shahi, ED, PFC participated in Panel Discussion on “Transition from Conventional to Renewables: Role of Developers, PSU and Green Financial Institution” in The Economic Times Renewable Energy Conclave - Rajasthan on 03rd March 2023 at Jaipur. The day-long delibe
Posted Date :  07-03-23

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PFC sanctioned Rs 5.07 cr under CSR Initiative

NEW DELHI- PFC sanctioned Rs 5.07 cr under its CSR for “Upgradation of Public Health infrastructure” in various villages of Machilipatnam, Krishna District of Andhra Pradesh.  Medical equipments, maternity and natal-care speciality equipment, diagnostic equipments have been provi
Posted Date :  06-03-23

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PFC participated in India Energy Week 2023 in Bengaluru

NEW DELHI- PFC participated in the “India Energy Week 2023” Exhibition held from 6th- 8th February 2023 in Bengaluru and showcased its initiatives, achievements and policies with regard to Green Energy Financing as one of the constituents at the Ministry of Power (MoP) pavilion.
Posted Date :  08-02-23

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PFC conferred with prestigious ICAI Gold Shield Award

NEW DELHI- PFC has been conferred with the prestigious ICAI Gold Shield Award in the category ‘Public Sector Entities’ of ICAI Awards for Excellence in Financial Reporting for 2021-22. The award was received by Shri R.S. Dhillon, CMD and Smt Parminder Chopra, Director (Finance), Shri
Posted Date :  21-01-23

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PFC ranked amongst 'Top 10 Profit-Making CPSEs' in FY2021-22

New Delhi: Power Finance Corporation Limited (PFC), an Indian central public sector undertaking, has been ranked amongst the “Top 10 Profit-Making CPSEs” in FY2021-22 as per the "Public Enterprises Survey 2021-22" published by the Department of Public Enterprises, Ministry of F
Posted Date :  02-01-23

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PFC participated in PowerLine Annual Conference

New Delhi: PFC participated in PowerLine Annual Conference on "Power Distribution in India “ held in New Delhi. Shri Saurav Kumar Shah, ED, PFC represented PFC and presented his thoughts on the current state of the distribution segment, the progress under the Revamped Distribution Sector
Posted Date :  13-12-22

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PFC donates Critical Care Ambulances to Nubra Health Dept under CSR

New Delhi: Power Finance Corporation Ltd (PFC), A Maharatna company has donated four advanced critical care ambulances with a view to upgrading the Public Health Infrastructure in Nubra Sub-Divison, Leh District through Rogi Kalyan Samiti (Nubra) under its CSR.  The flag-off ceremony took pl
Posted Date :  08-12-22

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PFC signs MoU with Power Ministry

New Delhi: Power Finance Corporation Limited (PFC) signed an MoU for FY 2022-23 with the Ministry of Power on 6th December 2022 in line with DPE guidelines. Shri Ravinder Singh Dhillon, CMD, PFC signed the MoU with Shri Alok Kumar, Secretary, Ministry of Power in the presence of Shri Ashish
Posted Date :  06-12-22

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