TAG: "Power Finance Corporation "

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PFC Signs JPY 60 Billion Loan Agreement with JBIC to Fund Clean Energy Projects

Power Finance Corporation (PFC) has signed a JPY 60 billion loan agreement with Japan Bank for International Cooperation (JBIC) and partner banks to fund renewable energy and next-generation energy supply projects in India, including a bamboo-based bioethanol production in Assam by Assam Bio Ethanol (ABEPL).

Power Finance Corporation | September 01, 2025 | By Mrinmoy Dey |  1801

PFC Signs MoU with Ministry of Power for FY26 Under DPE Performance Evaluation Framework

Power Finance Corporation (PFC) has signed an MoU with the Ministry of Power for FY 2025-26 under the Department of Public Enterprises’ performance evaluation framework for CPSEs.

Power Finance Corporation | August 27, 2025 | By Mrinmoy Dey |  914

PFC Signs EUR 150 Million Loan Agreement with Germany’s KfW to Finance RDSS Projects

Power Finance Corporation Ltd. (PFC) has signed a EUR 150 million loan agreement with Germany’s KfW to finance projects under the Government of India’s Revamped Distribution Sector Scheme (RDSS) aimed at boosting power distribution efficiency nationwide.

Power Finance Corporation | August 22, 2025 | By Mrinmoy Dey |  1144

Juniper Secures USD 1 Bn in Phased Debt Financing to Boost Wind-Solar Hybrid and FDRE Projects

Juniper Green Energy, the renewable energy developer, has successfully secured USD 1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA).

Power Finance Corporation | February 10, 2025 | By News Bureau |  1063

ACME Solar Secures INR 1988 Crore Financing from PFC for 300 MW Solar-Wind Hybrid Project

ACME Renewtech Pvt. Ltd., a subsidiary of ACME Solar, secures INR 1,988 crore term loan from Power Finance Corporation (PFC) for its 300 MW solar-wind hybrid renewable energy project. The company has also won 300 MW in SECI’s 1,000 MW ISTS-connected solar auction.

Power Finance Corporation | December 26, 2024 | By Mrinmoy Dey |  1443

Centre Proposes Renewable Energy Push to Reduce Diesel Dependence in Lakshadweep

Union Minister of Power Manohar Lal emphasised the need for a transition of Lakshadweep's energy generation from diesel to renewable sources like solar and wind, supported by battery storage, while exploring solar-powered EV and boat initiatives for a greener future, during a review of the power sector.

Power Finance Corporation | December 24, 2024 | By Mrinmoy Dey |  1187

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 |  1417

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 |  4077

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 |  1677

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 |  1725

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Interviews

Juniper Green Energy's collaboration with AT Group and Vitol founded on shared values

Naresh Mansukhani, CEO at Juniper Green Energy

Power Finance Corporation | November 09, 2023 | By News Bureau |  1528