Search For "power finance corporation pfc"
NBFCs merger to enhance capital strength, extend financing to multiple pro
Updated : 3 months, 3 weeks 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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Group of Ministers reviewed various matters related to power sector; MoS S
Updated : 1 year, 1 month 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, 4 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 Group clocked the highest annual Profit After Tax (PAT) with a 13 per
Updated : 2 years, 11 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, 12 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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Parminder Chopra, Director (Finance), Power Finance Corporation (PFC) Ltd
Updated : 3 years, 8 months ago IST
New Delhi [India], September 22 (ANI/NewsVoir): Parminder Chopra, Director (Finance), Power Finance Corporation (PFC) Ltd., has been honoured with the prestigious ET Ascent "Best CFO-PSU" Award at a glittering ceremony held at Taj, MG Road, Bengaluru. This prestigious event by ET honours men
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Power ministry takes steps for operationalising imported coal-based plants
Updated : 4 years ago IST
New Delhi [India], May 11 (ANI): Union Power Ministry has directed Power Finance Corporation (PFC) and Rural Electrification Corporation (REC Ltd) to take necessary action to arrange short term loans for a period of six months with adequate safeguards for imported coal-based plants (ICB) whi
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Power Finance Corporation pays Rs 887 crore as interim dividend to govt fo
Updated : 4 years, 2 months ago IST
New Delhi [India], March 12 (ANI): The Power Finance Corporation (PFC) on Friday said that the company has paid Rs 887 crore to the government as an interim dividend for the financial year 2021-22.
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Power Finance Corporation to provide motorised tricycles for orthopedicall
Updated : 4 years, 2 months ago IST
New Delhi [India], March 8 (ANI): Power Finance Corporation (PFC), India's leading NBFC in the power sector, on Tuesday said it has signed a memorandum of agreement (MoA) with Artificial Limbs Manufacturing Corporation of India (ALIMCO) for distribution of motorised tricycles to orthopedical
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PFC-REC make further reduction in lending rates
Updated : 4 years, 4 months ago IST
New Delhi [India] January 19 (ANI): State-owned non-banking financial companies, Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 Bps.
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Government's vision is to make available affordable power for all 24x7: Un
Updated : 4 years, 7 months ago IST
New Delhi [India], October 6 (ANI): Union Power Ministry reviewed the performance of Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) Limited on October 4 and 5, respectively, said a press release from the power ministry.
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PFC issues $500 million senior unsecured bonds for more than 10 years
Updated : 5 years, 3 months ago IST
New Delhi [India], February 2 (ANI): State-owned Power Finance Corporation (PFC) has successfully raised 500 million dollars through the issuance of US dollar denominated bonds under 'Reg S route' with a fixed maturity of May 16, 2031.
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