Overview

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. 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 inks Project Loan Agreement of JPY 2.65 Billion with Japan Bank for International Cooperation

NEW DELHI- PFC, a Maharatna company and the leading NBFC in Indian power sector, has recently signed a Project Loan Agreement (PLA) for JPY 2.65 Billion with Japan Bank for International Cooperation (JBIC) at a Project Loan Agreement (PLA) signing ceremony held at JBIC Head Quarters, Tokyo, Japan. T
Posted Date : 22-03-23

PFC signed MoU with Indian Institute of Science to support establishment of state-of-the-art building

NEW DELHI- PFC signed a MoU with Indian Institute of Science (IISc) to support the establishment of a state-of-the-art building that will house the Interdisciplinary Centre for Energy Research (ICER). The MoU was signed in the presence of Shri R.S. Dhillon, CMD, PFC, Smt Parminder Chopra, Directo
Posted Date : 22-03-23

PFC participated in India Today Conclave 2023 as 'SESSION SPONSOR'

NEW DELHI- PFC participated in India Today Conclave 2023 as 'SESSION SPONSOR' where actor Ram Charan from the Oscar wining RRR team had an interactive session on 'The Oscars, the power of cinema And breaking geography with epic imaginations & dancing feet' PFC is a sponsoring
Posted Date : 20-03-23

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

PFC Conferred With The Prestigious Icc Award In The Category Of 'Operational Excellence'

NEW DELHI- PFC has been conferred with the prestigious Indian Chamber of Commerce (ICC) Award in the category of ”Operational Excellence” at the 12th PSE Excellence Awards held at Le Meridien, New Delhi. The award was received by Shri Rajiv Ranjan Jha, Director (Projects) and Shri Man
Posted Date : 17-03-23

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

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

PFC signs MoU with Govt. of Andhra Pradesh at Global Investors Summit 2023

NEW DELHI- Power Finance Corporation Ltd. (PFC) has signed a Memorandum of Understanding (MoU) in Vishakhapatnam during the first day of Global Investors Summit 2023 hosted by Govt. of Andhra Pradesh. The MoU envisages providing financial assistance for projects in Power & allied secto
Posted Date : 06-03-23

Shri R.S. Dhillon, Cmd, Pfc Conferred With The Prestigious “Cmd Leadership Award” At The 9th Psu Awards & Conference

NEW DELHI- “CMD Leadership Award (Maharatna)” by Governance Now (SAB TV Group) in recognition of his stellar leadership, path-breaking energy transition initiatives, remarkable achievements and contribution to the accelerated development of the Power Sector. Shri Dhillon received this aw
Posted Date : 17-02-23

PFC signs 3 MoUs related to ‘Healthcare’ and ‘Skill Development’ as part of its CSR

New Delhi: The Power Finance Corporation Ltd (PFC), a Maharatna Company and India's leading NBFC in the power sector, has signed 3 different Memorandum of Agreements (MoAs) with MNJ Institute of Oncology & Regional Cancer Centre (MNJ), Hyderabad, The Kalgidhar Society (TKS), Baru Sahib, Sirm
Posted Date : 15-02-23

PFC is all-set for “UP Global Investors Summit 2023 & Trade Show”

PFC is all-set for participation in the upcoming “UP Global Investors Summit 2023 & Trade Show” in Lucknow from 10th-14th February, 2023, This flagship initiative of UP Govt will bring together policymakers, industry leaders, academia and think tanks from across the globe to collecti
Posted Date : 10-02-23

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

PFC is participating in “Nurture Nature Exhibition” at Bengaluru

NEW DELHI- PFC is elated to witness enthusiastic participation at its stall. Visitors are participating in “Waste Segregation Game” & other virtual activities with full gusto.
Posted Date : 31-01-23

PFC bestowed with Gold Shield in ‘ICAI Awards for Excellence in Financial Reporting 2021-22’

NEW DELHI- Power Finance Corporation Limited (PFC), a Maharatna CPSE and country’s leading NBFC in power sector, has been conferred with the prestigious Institute of Chartered Accountants of India (ICAI) Gold Shield being a winner in the category ‘Public Sector Entities’ of ICAI Aw
Posted Date : 24-01-23

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

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

PFC extends financial support for construction of Emergency Response Centre under CSR

NEW DELHI- PFC, A Maharatna Company and India's leading NBFC in power sector, has extended its financial support towards construction of Emergency Response Centre (ERC) near Badrish Lake in Badrinath town under its CSR. The building shall include a Disaster Relief Centre (DRC), Firefighting Cent
Posted Date : 13-12-22

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

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

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