Key Points: Ravindra Kumar, previously serving as Executive Director (ED) at NTPC Limited, has been appointed as Director (Operations).This appointment was approved by the Appointments Committee of the Cabinet (ACC). Kumar’s Background and Experience: Briefly research Kumar’s career trajectory at NTPC, focusing on his previous roles and achievements. This might provide context for his new […]
PFC, a Maharatna company and the largest NBFC in India, is partnering with SACE, the Export Credit Agency of Italy, for an innovative ECA-backed financing facility under its “Push Strategy” initiative. This proposed partnership will position PFC as the first government-owned entity in India to partner with SACE under this programme.Through this structure, PFC shall […]
Harsh Baweja presently Executive Director Executive Director ( Finance), Rec Limited, has been selected for the post of Director (Finance), REC Limited (Schedule A) recommended by Public Enterprises Selection Board Shri Harsh Baweja is currently serving as Executive Director (Finance) in REC Limited, a Maharatna PSU under the Ministry of Finance1234.He has been recommended for […]
Power Finance Corporation (PFC), a leading NBFC and the largest Renewable financier in India has signed a Memorandum of Understanding (MoU) in the presence of Hon’ble Chief Minister of Goa, Dr Pramod Sawant to support Goa’s climate ambitions under the Blended Finance Facility being setup by Govt. of Goa in partnership with World Bank. This […]
Bhubaneswar: Power Finance Corporation Ltd (PFC) signed a Memorandum of Understanding (MoU) with Research and Entrepreneurship Park (REP), IIT Bhubaneswar to establish a framework for collaboration in the field of Research, Training & Capacity Building related to power, logistics and non-power infrastructure sectors and entrepreneurship. Shri R.K. Chaturvedi, Executive Director, PFC and Shri Debi Prasad Dogra, […]
Ms. Kalyani Sethuraman, serving as the Chief Vigilance Officer (CVO) at Hindustan Aeronautics Limited (HAL) in Bengaluru, has had her deputation tenure extended until April 18, 2026 Ms. Kalyani Sethuraman, serving as the Chief Vigilance Officer (CVO) at Hindustan Aeronautics Limited (HAL) in Bengaluru, has had her deputation tenure extended until April 18, 2026. She […]
Smt. Parminder Chopra, CMD, Shri Rajiv Ranjan Jha, Director (Projects) and Shri Manoj Sharma, Director (Commercial), PFC and Shri Arunabha Ghosh, CEO, CEEW during the MoU signing ceremony at PFC. Power Finance Corporation Ltd (PFC) and the Council on Energy, Environment and Water (CEEW) have announced a strategic collaboration to advance PFC’s commitment to becoming […]
Power Finance Corporation Limited (PFC), the largest NBFC Group in India has incorporated its wholly owned subsidiary, PFC Infra Finance IFSC Limited, in the International Financial Services Centre (IFSC) GIFT City, Gujarat. This is a landmark development as PFC will be the first Govt. NBFC to establish a finance company in IFSC. The incorporation follows […]
Q3/9M’24 Results – Consolidated Financial HighlightsPFC Group reported PAT of Rs. 18,905 crores in 9M’24 vis-à-vis Rs. 15,050 crores in 9M’23, an increase of 26%.Consolidated Net worth (including non-controlling interest) increased by 20% from Rs. 1,06,143 crores as on 31.12.2022 to Rs. 1,27,841 crores as on 31.12.202319% growth registered in consolidated loan asset book from […]
