PSU NEWS
CMD PFC Inaugurates New Power Transformer under IPDS
New Delhi: Shri Rajeev Sharma, CMD, Power Finance Corporation (PFC) visited Kolkatta on 16 March 2019. He reviewed the progress of various aspects of Integrated Power Development Scheme (IPDS) being implemented in West Bengal along with senior officials of Energy department of West Bengal and West Bengal State Electricity Distribution Company (WBSEDCL). He inaugurated a 10 MVA Power Transformer there, installed in New Town AA-IIIC Substation at Rajarhat-Gopalpur.
Power Finance Corporation Ltd. is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. PFC's Net worth as on 30th September 2018 is INR 38,274 Crore. PFC is the 8th highest profit making CPSE as per the Department of Public Enterprises Survey for FY 2017-18.
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