TAG: "PFC"
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PFC and REC Boards Approve Merger to Create INR 11 Lakh Crore Financing Entity
The boards of PFC and REC have approved REC's merger into PFC, creating a INR 11 lakh crore power financing entity, subject to shareholder, regulatory and government approvals, including continued government control.
PFC | July 01, 2026 | By EI News Network | 908
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 | 942
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 | 1538
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 | 1219
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 | 2305
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 | 1964
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 | 1728
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 | 1510
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 | 4413
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 | 2078
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