Search For "power finance corporation pfc"
Power Finance Corp opens Rs 5,000 crore NCDs on Jan 15
Updated : 5 years, 4 months ago IST
New Delhi [India], Jan 14 (ANI): State-owned Power Finance Corporation (PFC) will open its Rs 5,000 crore public issue of secured, redeemable non-convertible debentures (NCDs) on January 15, the Ministry of Power said on Thursday.
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Govt asks gencos, telcos to cap late payment surcharge at 12 pc
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 22 (ANI): The government has asked power generating and transmission companies to cap late payment surcharge at 12 per cent per annum for all dues cleared under the Rs 90,000 crore liquidity infusion scheme of Power Finance Corporation (PFC) and Rural Electrification C
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CCEA approves one-time relaxation to PFC, REC for extending loans to disco
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 19 (ANI): The Cabinet Committee on Economic Affairs has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (discoms) above limits of the working capital cap of 25 p
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Power Finance Corp signs MoA with IIT-Kanpur on Smart Grid Technology
Updated : 5 years, 9 months ago IST
New Delhi [India], July 29 (ANI) The Power Finance Corporation (PFC) on Wednesday signed an MoA with the Indian Institute of Technology - Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology, the Ministry of Power said on Wednesday.
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Parminder Chopra takes charge as Director (Finance) at PFC
Updated : 5 years, 10 months ago IST
New Delhi [India], July 1 (ANI): Parminder Chopra took charge as the Director (Finance) of the government-owned Power Finance Corporation (PFC) on Wednesday.
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PFC sanctioned loans of over Rs 1 lakh crore in previous fiscal
Updated : 5 years, 11 months ago IST
New Delhi [India], June 25 (ANI): The government-owned Power Finance Corporation (PFC) delivered a sound financial performance with loan sanctions of more than Rs 1 lakh crore along with loan disbursements of about Rs 68,000 crore in 2019-20.
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Ravinder Singh Dhillon takes over as CMD of PFC
Updated : 5 years, 11 months ago IST
New Delhi [India], June 1 (ANI): The government-owned Power Finance Corporation (PFC) on Monday announced the appointment of Ravinder Singh Dhillon as its new Chairman and Managing Director (CMD).
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PFC signs pact to acquire majority stake in REC for Rs 14,500 crore
Updated : 7 years, 2 months ago IST
New Delhi [India], Mar 21 (ANI): State-owned Power Finance Corporation (PFC) has signed a share purchase agreement to acquire all 52.63 per cent shares of the government in Rural Electrification Corporation (REC) for about Rs 14,500 crore.
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Cabinet gives 'In Principle' approval to PFC takeover of REC
Updated : 7 years, 5 months ago IST
New Delhi [India], Dec 7 (ANI): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its 'In Principle' approval the for strategic sale of the Centre's existing 52.63 per cent of total paid up equity shareholding in Rural Electrification Corporation (
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