Search For "power finance corporation"
NBFCs merger to enhance capital strength, extend financing to multiple pro
Updated : 1 month, 1 week ago IST
In a post-Budget conversation with ANI, Secretary. DFS said, "Both Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) provide project financing to the public and private sectors in energy. If two NBFCs are financing the same projects in the same sector, it makes r
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Fitch affirms stable outlook for state-owned financiers REC, PFC, IRFC
Updated : 10 months, 1 week ago IST
Fitch Ratings has affirmed stable outlook for three state-owned infrastructure financing companies -- REC Limited, Power Finance Corporation Ltd, and Indian Railway Finance Corporation Limited.
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Group of Ministers reviewed various matters related to power sector; MoS S
Updated : 11 months, 2 weeks ago IST
The meeting held in Lucknow was attended by energy ministers of Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, and Maharashtra, besides senior officials from central government, state governments, state power utilities, Power Finance Corporation (PFC) Ltd and REC Ltd.
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ACME Solar secures Rs 1,988 crore in financing from Power Finance Corporat
Updated : 1 year, 2 months ago IST
ACME Renewtech Private Limited, a subsidiary of recently-listed company ACME Solar Holdings Limited has secured Rs 1,988 crore in term loan financing from Power Finance Corporation (PFC) to fund the development and construction of a 300 MW solar-wind hybrid renewable energy project.
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PFC Infra Finance IFSC to begin operations as a Finance Company in GIFT Ci
Updated : 1 year, 4 months ago IST
PFC Infra Finance IFSC Limited (PIFIL), received approval from the International Financial Services Centres Authority (IFSCA) to begin operations as a Finance Company at the International Financial Services Centre (IFSC) in GIFT City, Gujarat.
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MMRDA secures Rs 31,673 cr loan from PFC to fast-track Mumbai's infra
Updated : 1 year, 5 months ago IST
This loan will fund nine key infrastructure projects that promise to transform the Mumbai Metropolitan Region's (MMR) transportation network, enhancing connectivity, boosting economic growth, and improving the overall quality of life for its citizens.
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Sharika Enterprises Appoints Former NTPC and PFC Veterans as Independent D
Updated : 2 years, 2 months ago IST
New Delhi [India], December 29: Sharika Enterprises, a prominent leader in the power sector, has appointed two distinguished industry veterans, Saroj Chelluri from NTPC Ltd., and Subir Mulchandani from Power Finance Corporation Ltd (PFC), as Additional Directors (Independent Directors) to it
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PFC Bags SAFA Gold Award for Best Presented Accounts / Annual Report
Updated : 2 years, 2 months ago IST
New Delhi [India], December 26: The Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country's leading NBFC in the power sector has won the prestigious South Asian Federation of Accountants (SAFA) Gold Award in Best Presented Accounts / Annual Report Awards (BPA) in 'Public Sec
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Parminder Chopra takes Over as CMD of PFC
Updated : 2 years, 6 months ago IST
New Delhi [India], August 18: Parminder Chopra has been appointed as Chairman and Managing Director (CMD), of Power Finance Corporation Limited (PFC) by Govt. of India w.e.f. 14th August, 2023. Previously, she was holding the additional charge of Chairman and Managing Director (CMD), w.e.f 0
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PFC Group clocked the highest annual Profit After Tax (PAT) with a 13 per
Updated : 2 years, 9 months ago IST
New Delhi [India], May 30: Power Finance Corporation (PFC) on Saturday posted an over 44 per cent jump in its consolidated net profit to Rs 6,128.63 crore in March quarter, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 4,295.90 crore in the quarter
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Power Finance Corporation group clocks highest-ever annual profit after ta
Updated : 2 years, 9 months ago IST
State-owned Power Finance Corporation (PFC) Corporation posted its highest annual Profit After Tax (PAT) with a 13 per cent increase from Rs 18,768 crore in FY22 to Rs 21,179 crore in FY23.
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R.S. Dhillon, CMD, PFC conferred with the Prestigious "CMD Leadership Awar
Updated : 3 years ago IST
New Delhi [India], February 17 (ANI/NewsVoir): Ravinder Singh Dhillon, Chairman & Managing Director of Power Finance Corporation Ltd (PFC), a Maharatna Company and India's leading NBFC in the power sector, was conferred with the prestigious "CMD Leadership Award (Maharatna)" by Governanc
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