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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.

Power Finance Corporation | October 17, 2024 | By Mrinmoy Dey 519

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.

Power Finance Corporation | May 31, 2024 | By Abha Rustagi 3064

Sterlite Power Bags INR 1373 Crore Funding from PFC for NKTL Project

The project encompasses the development of two critical components: a state-of-the-art 6000 MVA, 765/400kV substation at Neemrana and a 400 kV transmission line network spanning approximately 250 kilometers.

Power Finance Corporation | May 30, 2024 | By News Bureau 982

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.

Power Finance Corporation | May 16, 2024 | By Abha Rustagi 800

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.

Power Finance Corporation | April 04, 2024 | By Abha Rustagi 813

REC Limited Hosts Workshop to Introduce Integrated Web Platform for Power Sector Distribution Schemes

Addressing the participants, Executive Director (Project Management Division), Rahul Dwivedi, emphasized the platform's significance in tracking progress at every stage of the process.

Power Finance Corporation | February 23, 2024 | By Abha Rustagi 1305

PFC Signs MOU with Goa Government and World Bank to Advance Climate Goals

The sub-national Blended Finance Facility, an innovative venture between the Government of Goa and The World Bank, is geared towards promoting low-carbon, climate-resilient development in the region.

Power Finance Corporation | February 21, 2024 | By Abha Rustagi 1075

PFC Commits INR 25,000 Crore for Gujarat's Power Projects in MoU

The primary aim of this MoU is to extend comprehensive financial support to the state's projects related to power generation, transmission, and distribution.

Power Finance Corporation | January 04, 2024 | By Abha Rustagi 1098

Power Minister Lays Foundation Stone for ICER's Energy Research Centre at IISc Bengaluru

The research hub will pioneer developments in green energy technologies, including hydrogen and biofuel generation from biomass, advanced batteries, and energy storage systems.

Power Finance Corporation | December 29, 2023 | By Abha Rustagi 6684

Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) process in November 2023.

Power Finance Corporation | December 28, 2023 | By News Bureau 999

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Power Finance Corporation | November 09, 2023 | By News Bureau 961


 
 
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