New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of twoprestigious awards at the Standing Conference of Public Enterprises (SCOPE) ceremony held at VigyanBhawan, New Delhi. Shri Jagdeep Dhankhar, the Hon’ble Vice-President of India […]
PFC sanctions Rs.15,000 crores for various projects in its Board Meeting held in Shillong; Forays into funding of Airport projects
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 transfers two transmission Project SPVs to Power Grid
‘ 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, […]
PFC and SJVN sign MoU worth ₹ 1,18,826 Crore for Investment inRenewable Energy and Thermal Generation Projects
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 […]
PFC signs MoA with Assam Petrochemicals Limited (APL) for Implementation of500 TPD Methanol Plant at Namrup and 200 TPD Formalin Plant at Boitamari, Assam
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 […]
PFC signs MoU with DVC for implementation of the 2 x 660 MW Raghunathpur Phase II project in West Bengal
New Delhi– In a significant stride towards advancing power infrastructure, Power Finance Corporation(PFC) and Damodar Valley Corporation (DVC) have successfully executed a Loan Agreement amounting to ₹4,527.68 crore. This agreement is earmarked for the realization of the ambitious 2 x 660 MW Raghunathpur Phase II project, located in West Bengal. The signing took place in […]