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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...

PFC

Power Finance Corporation Limited (PFC) has sanctioned a term loan of Rs.4009 crore to TSGENCO for setting up 5X800 MW, Coal Based Yadadri TPP using super-critical technology in Nalgonda district of Telangana. Yadadri Thermal Power Plant will...

By Staff Reporter on Sep 27th, 2017

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...

PFC

Union Minister of State (I/C) for Power, Coal and New Renewable Energy, Piyush Goyal releasing the ‘5th Annual Integrated Rating of State Power Distribution Utilities ’ for the FY 2015-16 in the presence of (L to R)  Arun Kumar, Secretary...

By Staff Reporter on May 8th, 2017
Pranab Mukherjee,President of India, presenting the prestigious ‘SCOPE Meritorious Award Gold Trophy for Good Corporate Governance for the year 2014-15’ to Rajeev Sharma, CMD, Power Finance Corporation Ltd.Present on the occasion are Anant G. Geete, Hon’ble Union Minister of Heavy Industries & Public Enterprises,  Babul Supriyo, Hon’ble Minister of State for Heavy Industries & Public Enterprises and  Ved Prakash, Chairman, SCOPE.

Pranab Mukherjee,President of India, presenting the prestigious ‘SCOPE Meritorious Award Gold Trophy for Good Corporate Governance for the year 2014-15’ to Rajeev Sharma, CMD, Power Finance Corporation Ltd.Present on the occasion are Anant...

By Staff Reporter on Apr 12th, 2017