TAG: "PFC"

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PFC Appoints Rajesh Kumar Agarwal as Director (Finance)

PFC appoints Rajesh Kumar Agarwal as Director (Finance) for five years, bringing over 31 years’ experience in power sector finance.

PFC | April 27, 2026 | By EI News Network |  649

KHPL Secures INR 4,829 Crore PFC Loan for 600 MW Khorlochhu Hydropower Project in Bhutan

Khorlochhu Hydro Power has signed a term loan agreement worth INR 4,829 crore with PFC.

PFC | October 01, 2025 | By Abha Rustagi |  1434

Acme Solar Commissions Additional 75 MW at ACME Sikar Solar project in Rajasthan

ACME Solar Holdings Limited has commissioned 75 MW of additional renewable energy capacity at the ACME Sikar Solar project in Rajasthan.

PFC | June 10, 2025 | By News Bureau |  1169

PFC Consulting Issues RFP for Maharashtra Intra-State RE Transmission Project

PFC Consulting has released single-stage RFP to select a Transmission Service Provider for developing intra-state transmission under Maharashtra’s RE evacuation scheme from Dharashiv and Beed. Bids are invited through tariff-based bidding.

PFC | June 04, 2025 | By EI News Network |  2026

PFCCL Forms SPV for Transmission of 3 GW RE Power for Green Hydrogen Manufacturing in Gujarat

Power Finance Corporation Ltd.’s (PFC) subsidiary, PFC Consulting Ltd. (PFCCL), has incorporated a special purpose vehicle, Mundra I Transmission Ltd., to develop a 3 GW power transmission system for green hydrogen/ammonia production in Gujarat.

PFC | December 27, 2024 | By Mrinmoy Dey |  1910

PIFIL Receives Approval from IFSCA to Start Business as Finance Company in IFSC GIFT City Gujarat

PFC Infra Finance IFSC Ltd., a subsidiary of Power Finance Corporation, has received approval from IFSCA to begin operations as the first finance company in IFSC GIFT City, focusing on power and infrastructure lending in India and abroad.

PFC | October 17, 2024 | By Mrinmoy Dey |  1679

PFC Consulting Invites Bids for Evacuation of 3 GW Renewable Energy for Gujarat

PFC Consulting has recently released a tender to select a transmission service provider to establish an inter-state transmission system (ISTS) to evacuate 3 GW of renewable energy from the Raghanesda area in Gujarat under Phase I. The last date for submission of bids is November 19, 2024.

PFC | September 19, 2024 | By Mrinmoy Dey |  1436

PFC Wins CSR Award at Outlook Planet Sustainability Summit 2024

The event was attended by officials from the Department of Public Enterprises, IIT Goa, and Outlook.

PFC | May 31, 2024 | By Abha Rustagi |  4361

PFC Posts Record Profits in FY’24: Declares Highest Annual Profit After Tax

The group recorded a 25 percent increase in Profit After Tax (PAT), surging from INR 21,179 crores in FY’23 to INR 26,461 crores in FY’24.

PFC | May 16, 2024 | By Abha Rustagi |  2011

PFC Pays Record Interim Dividend of INR 554 Crores to Government of India

This payment marks the third interim dividend for the financial year 2023-24, reflecting PFC's strong financial performance and commitment to its stakeholders.

PFC | April 04, 2024 | By Abha Rustagi |  1803

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