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Tag Archives: PFC

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...

By Staff Reporter on Aug 14th, 2018

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 (TPS) of Maharashtra State Power Generation...

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...

By Staff Reporter on Jun 29th, 2018

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 Staff Reporter on May 31st, 2018
pfc

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...

By Staff Reporter on Apr 30th, 2018

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...

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

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...

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