TAG: "Power Finance Corporation Ltd"

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ACME Solar Commissions 8 MW in Gujarat, Wind Project Capacity Hits 52 MW

ACME Solar adds 8 MW to its Surendranagar wind project, raising operational capacity to 52 MW. Project backed by PFC, using in-house EPC and 4 MW SANY turbines under 25-year PPA.

Power Finance Corporation Ltd | December 18, 2025 | By EI News Network |  707

ACME Solar Expands in Gujarat with Wind Project, Secures Tata Power FDRE PPA

ACME Solar commissions 28 MW phase of Gujarat wind project and signs 50 MW FDRE PPA with Tata Power-D, expanding capacity and advancing India’s renewable energy ambitions.

Power Finance Corporation Ltd | October 22, 2025 | By EI News Network |  1131

CRISIL Assigns ‘AA-/Stable’ Rating to ACME Solar’s 600 MW Renewable Projects in Rajasthan

CRISIL Ratings has assigned 'CRISIL AA-/Stable’ rating to long-term bank facilities of ACME Deoghar Solar Power Private Limited (ADSPPL) and ACME Phalodi Solar Power Private Limited (APSPPL), both wholly-owned subsidiaries of ACME Solar Holdings Limited (Acme Solar).

Power Finance Corporation Ltd | July 25, 2025 | By News Bureau |  1214

Power Finance Corporation Appoints D.V. Subba Rao as Head of Internal Audit

The appointment of an Executive Director-level officer to lead the internal audit function signifies a deliberate and proactive step by the Board to enhance the effectiveness of internal controls, risk management, and governance processes.

Power Finance Corporation Ltd | May 14, 2025 | By News Bureau |  1326

PFC Consulting Invites Bids for Inter-State Transmission Projects in Gujarat

PFC Consulting has issued a global invitation for bids to develop inter-state transmission projects in Gujarat on a BOOT basis. The projects aim to support green hydrogen, ammonia manufacturing, and renewable energy zones, with submissions due by December 2024.

Power Finance Corporation Ltd | October 17, 2024 | By EI News Network |  1189

PFC Hosts Conference Addressing Financing Challenges for Eastern and North Eastern State Utilities

Held in Kovalam, Kerala, the event garnered participation from 17 state-sector Power and Infrastructure Utilities representing the Eastern and Northern Eastern regions.

Power Finance Corporation Ltd | March 02, 2024 | By Abha Rustagi |  1960

Juniper Green Energy Inks INR 5000 Crore MoU with PFC for Funding 1200 MW RE Projects

With this development, Juniper Green Energy is on track to achieve more than 4000 MW of capacity by 2027 with a diversified portfolio of solar, wind and hybrid projects.

Power Finance Corporation Ltd | July 24, 2023 | By Anurima Mondal |  2585

PFC Sanctions INR 633 Crore Loan to Gensol Engineering for EV Deployment in Delhi

The proceeds of the loan would be used for the purchase of 5000 passenger EVs and 1000 cargo EVs. The passenger EVs will be leased to Blusmart Mobility Pvt. Ltd. (BMPL) to expand its fleet of ride-hailing cabs.

Power Finance Corporation Ltd | April 21, 2023 | By Anurima Mondal |  3229

Vibrant Energy Secures INR 2200 Crore from PFC for 300 MWac Wind Solar Hybrid Projects

This financing will stand out as one of the largest project financing deals in the Indian Renewables Industry in 2023. The hybrid projects would be set up in Madhya Pradesh and Karnataka.

Power Finance Corporation Ltd | April 06, 2023 | By Anurima Mondal |  2782

Sterlite Power Receives Green Energy Transmission Deal in Rajasthan

As per the company statement, the project was tender through a tariff-based competitive tendering process.

Power Finance Corporation Ltd | March 17, 2023 | By EI News Network |  2679

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