Power Finance Corporation Ltd (PFC)has extended financial assistance of Rs. 1329 crore to State Power Utilities of Uttarakhand – Rs. 309 crore to Uttaranchal JalVidyut Nigam Ltd.(UJVNL) for RM&U of Chilla Hydroelectric Project, andRs. 1020 crore to Power Transmission Corporation of Uttarakhand (PTCUL)for implementation of various transmission...
Tag Archives: PFC
N.B. Gupta has been appointed by Govt. of India as Director (Finance), Power Finance Corporation Ltd (PFC) for a period of five years or date of his superannuation whichever is earlier. He has assumed the charge of ‘Director (Finance)’ in PFC w.e.f. 18 th August, 2017. Gupta has more than 30 years of experience in Power Sector and carries with...
Power Finance Corporation Ltd (PFC) has been allowed by Govt. to raise bonds eligible for capital gain tax exemption u/s 54EC of the Income Tax Act. Section 54EC provides that capital gain subject to a maximum of Rs. 50 lakhs arising from the transfer of a long term capital asset shall be exempt if the assesse invests the whole or any part of capital...
