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The Ministry of Power, in association with Power Finance Corporation (PFC) organized an “Investor Interaction Meet” in Mumbai on 11th January, 2018. The Meet dwelt at length on the strategies, challenges and various pertinent issues of the power sector. PFC CMD Rajeev Sharma, PTC CMD Deepak Amitabh, NTPC CMD Gudeep Singh, NHPC CMD Balraj...

Power Finance Corporation Limited (PFC), as a Lead lender, in consortium with Rural Electrification Corporation (REC) and State Bank of India (SBI) participated in e-tendering process for funding of debt of Rs. 11067 crore of 3x660MW coals based...

By Staff Reporter on Jan 3rd, 2018

PFC Consulting Ltd. (PFCCL), a wholly owned subsidiary of Power Finance Corporation Ltd., has entered into a Memorandum of Understanding (MoU) with Tata Power Delhi Distribution Ltd. (Tata Power-DDL) on 27th December, 2017 for jointly exploring...

By Staff Reporter on Dec 28th, 2017

The National Highways Authority of India has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in road infrastructure...

India Tourism Development Corporation Ltd. (ITDC) the public sector undertaking under the aegis of Ministry of Tourism, Govt of India signed the Transfer Agreement with Rajasthan government on Saturday 9th December 2017 to transfer Hotel Jaipur Ashok to the state government. With the signing of agreement at Paryatan Bhawan, the Hotel Jaipur Ashok located...

PFC, a Navratna, Govt. owned NBFC, raised US$ 400 million through its maiden Green Bond issuance. The bond issuance saw diverse participation from high quality investors across Asia and Europe. PFC has successfully priced this 10 year Reg S Green Bond at a fixed rate coupon of 3.75%. The pricing of this bond saw the tightest ever spread of 157.5 bps...

NBCC celebrated its 57 th Foundation Day on 15 November’17 in New Delhi. The evening was graced by Hardeep Singh Puri, Minister of State for Housing and Urban Affairs (I/C); Manoj Sinha, Minister of State for Communication (I/C) and Railways; Durga Shanker Mishra, Secretary, (MoHUA); Dr. Anoop Kumar Mittal, CMD, NBCC; Directors of NBCC and other distinguished...

NBCC (India) Ltd., the State owned Navratna Enterprise under the Ministry of Housing and Urban Affairs, has registered 31.33% increase in PAT (Profit After Tax) at Rs. 81.24 Crore for the Second Quarter ended September 2017, compared to Rs. 61.84 Crore in the same quarter last year. The company has registered a positive EBITDA of Rs 85.93 Crore in Q2FY17-18...

Hardeep S Puri, Housing and Urban Affairs Minister has asked HUDCO to prioritize Affordable Housing in all its endeavors to contribute to Housing for All by 2022. He was speaking at the inauguration of HUDCO Build Tech– 2017 pavilion at ITPO here today. Sh Ravi kanth, CMD, HUDCO was also present on the occasion. Addressing on the occasion, Sh Puri...

SCOPE, the apex body of PSUs, has instituted the SCOPE Corporate Communication Excellence Awards 2017 for public sector enterprises. These awards will be presented during the Corporate Communication Summit 2017 being organized by SCOPE on 7th...

By Staff Reporter on Nov 8th, 2017