Power Finance Corporation’s Profit After Tax (PAT) is up by 53% from Rs.1,355crore in the second quarter to Rs. 2076crore during the third quarter (October-December) of the current Financial year of 2018-19. The Net Interest Income rose by 12% to reach a…
Consistent with its higher volume of operations, Power Finance Corporation’sProfit After Tax (PAT) is up by 16% from Rs.2348 crore to Rs. 2728 crore during the first half (April-September) of the current Financial year of 2018-19. Total Income rose by 6% to…
In a ceremony held in PFC, under the aegis of Ministry of Power, Four (04) State Discoms namely Bihar, West Bengal, Telangana, and Tamil Nadu signed Power Purchase Agreements with PTC India Ltd. Simultaneously, Power Supply Agreements Seven (07) were also signed…
Shri Rajeev Sharma, CMD, PFC, presented RTGS advice of US $ 1 million to Shri R. K. Singh, Hon’ble Union Minister of State (I/C) of Power and New & Renewable Energy to the ‘International Solar Alliance’ with 121 member countries to promote…
Rajeev Sharma, CMD, PFC receiving the prestigious “Rajbhasha Kirti Pratham Puraskar” (in the category of region ‘A’) for the year 2017-18 from Vice President of India Shri M. Venkaiah Naidu at a function organized in Vigyan Bhawan by Department of Official Language,…
Praveen Kumar Singh, Executive Director (Projects), PFC took over the role of Director (Commercial), PFC on 10th August 2018. Prior to taking charge, he had worked in various units of Projects Division in PFC for over 24 years. Earlier Mr. Singh had also worked for…
Power Finance Corporation (PFC) has extended financial assistance of Rs.192.79 crore to Nagpur Waste Water Management Pvt. Ltd., a Vishvaraj Group company, for establishment of Sewage Treatment Plant in Nagpur for Sale of 150MLD treated sewage water to PFC-fundedKhaperkheda&Koradi Thermal Power Stations…
Power Finance Corporation Ltd. (PFC) has extended additional financial assistance to Rajasthan RajyaVidyutUtpadan Nigam Ltd.(RRVUNL) to support their efforts to comply with the new emission norms of MoE&F. This financial assistance totaling to Rs.2626 crore is mainly for installation of Flue Gas…
In yet another initiative taken during the ongoingSwachhtaPakhwada, under the aegis of Ministry of Power, Power Finance Corporation has installed a Composter Machine in KalkajiMandir New Delhi. The Bio-waste decomposing machine was inaugurated by Shri Ajay Bhalla, Secretary (Power), Govt. of India…
The Government kicks off a Pilot Scheme for Procurement of Aggregate Power of 2500 MW on the competitive basis for 3 (three) years under medium term i.e. from generators with commissioned projects but without Power Purchase Agreement. Power Ministry had recently issued…
