As part of its diversification strategy and funding for Infrastructure Projects, PFC sanctioned its maiden financing for a Greenfield Airport project in Andhra Pradesh. To reaffirm its commitment towards developing the power sector of the North Eastern Region, PFC, a Maharatna company and the leading NBFC in the Indian power sector, held its recent Board […]
‘ PFC Consulting Limited’, a wholly owned subsidiary of Power Finance Corporation Limited, a Maharatna CPSE, has transferred Two transmission projects specific Special Purpose Vehicles (SPVs) namely ‘Ananthpuram Kurnool Transmission Limited’ and ‘Bhadla III Transmission Limited’ to ‘Power Grid Corporation of India Limited’, the successful bidder.The SPVs were transferred in the presence of Manoj Rana, […]
Hon’ble Chief Minister of Odisha, Shri Naveen Patnaik inaugurated NBCC built Ravenshaw University in Cuttak on 16.09.2023. The event was also attended by Shri Bhartruhari Mahtab, MP Cuttak, Shri Ranendra Pratap Swain MLA, Athagarh, Shri Souvic Biswal, MLA, Shri Chandra Sarathi Behera, MLA, Shri Sadarother, MLA and senior officers of District Administration, Raneshaw University and […]
Rajeev Kumar Vishnoi, Chairman and Managing Director (CMD), THDC India Limited (THDCIL), has been given extension on his additional charge as Chairman and Managing Director (CMD), NHPC Rajeev Kumar Vishnoi is a highly experienced and respected leader in the hydropower industry.His extension as CMD of NHPC is a testament to the government’s confidence in his […]
The Housing & Urban Development Corporation (HUDCO) held its 53rd Annual General Meeting through video conferencing on 21.09.2023. Shri Kuldip Narayan, Chairman & Managing Director, HUDCO chaired the meeting and addressed the shareholders to apprise them of the outstanding performance of the Company during the year. During the financial year 2022-23, HUDCO posted the PAT of […]
PFC and SJVN Ltd. have signed an MoU for providing financial support to various projects, including massive Renewable Energy ventures (Solar, Hydro, and Pumped Storage) totalling 12,178 MW capacity, along with a 660 MW thermal generation project for an estimated project cost of approximately Rs.1,18,826 Crore. The MoU was signed by Shri Manoj Sharma, Director […]
Govindarajan Appakkannu has been appointed as Chief Vigilance Officer (CVO), NLC India limited (NLCIL), Neyveli on 16 September 2023. He is a 2000 batch Indian Postal Service (IPoS) officer. Appakkannu has a rich experience of over 22 years in the field of vigilance, administration, and human resources. He has held various important positions in the […]
Dr. Prasanna Kumar Acharya has been selected for the post of Director (Finance), NLC India Limited at a Public Enterprises Selection Board (PESB) meeting held on September 13, 2023. He is currently serving as the Director (Finance) in Chennai Metro Rail Limited (CMRL). Acharya has over 25 years of experience in the field of finance, […]
Power Finance Corporation Limited (PFC) & Assam Petrochemicals Limited (APL) signed a loan agreement on 04.09.2023 for extending a term loan of Rs. 1229 Crore for implementation of 500 Tons Per Day (TPD) Methanol Plant including their 11 MW Captive Power Plant (CPP) at Namrup and 200 TPD Formalin Plant including their Captive 0.90 MW […]
