Government Appoints V. Packirisamy as Director (Commercial) of Power Finance Corporation (PFC)
New Delhi, June 2, 2026: The Government of India has appointed V. Packirisamy as Director (Commercial) of Power Finance Corporation (PFC), strengthening the leadership team of the country's leading infrastructure financing institution.
Before assuming his new role, Packirisamy served as Executive Director – Entity Appraisal & Information Technology at PFC, where he played a key role in evaluating large-scale infrastructure projects and enhancing the organization's technology-driven appraisal systems.
Over Three Decades of Industry Experience
Packirisamy brings more than 30 years of experience across the power sector and infrastructure finance landscape. During his tenure at PFC, he has been instrumental in expanding the company's operational capabilities while strengthening appraisal, monitoring, and risk management frameworks.
His contributions have supported the steady growth of PFC's loan portfolio, reinforcing the institution's position as a leading lender to India's power and infrastructure sectors.
Strategic Appointment for PFC's Growth Plans
The appointment comes at a crucial time as India accelerates investments in power generation, transmission, renewable energy, and infrastructure development. With extensive expertise in project appraisal and financing, Packirisamy is expected to play a significant role in driving PFC's commercial strategy and supporting the country's expanding energy ecosystem.
Industry observers believe his deep understanding of infrastructure financing, coupled with his experience in risk assessment and project evaluation, will help PFC capitalize on emerging opportunities in the evolving power sector.
Strengthening Leadership at India's Leading Power Financier
As Director (Commercial), Packirisamy will oversee key business and commercial functions, supporting PFC's efforts to expand financing activities across conventional power, renewable energy, transmission networks, and other strategic infrastructure projects.
The appointment reflects the government's continued focus on strengthening leadership within major public sector financial institutions that play a pivotal role in funding India's infrastructure ambitions.