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PFC

A New JV Company For Faster Roll-out Of Smart Meters

2020-09-17
By: Staff Reporter
On: September 17, 2020

The Power Ministry has begun the process to set up a Rs 2,000 crore joint venture for providing a common backend infrastructure facility (CBIF) to power distribution companies (discoms) forContinue Reading

bank guarantees

No “Bank Guarantees” Needed For State Renewable Energy Auctions

2020-09-07
By: I H Khan / Prasanna
On: September 7, 2020

The Indian government recently said clean energy developers can furnish letter of undertaking issued by IREDA, PFC or REC in lieu of bank guarantees under state auctions for renewable powerContinue Reading

PFC

PFC May Buy Green Energy Loans Of Yes Bank

2020-03-11
By: Roshan
On: March 11, 2020

Power Finance Corp. Ltd (PFC), the largest power sector lender in India, is interested in acquiring Yes Bank Ltd’s green energy loans if they turn out to be good assets.Continue Reading

PFC enters ‘Waste-to-Energy’ segment

2018-04-20
By: Roshan
On: April 20, 2018

State-run Power Finance Corporation (PFC) makes an entry into ‘Waste-to-Energy’ (WTE) segment and is funding WTE projects by lending Rs 290 crore to the Bawana project in Delhi. The companyContinue Reading

PFC gives ₹13.5 billion Financial Aid to BGCL

2018-02-01
By: Staff Reporter
On: February 1, 2018

The Power Finance Corp (PFC) will provide a financial aid of ₹13.5 billion to the Bihar Grid Company Ltd (BGCL), which is a joint venture of the Power Grid CorporationContinue Reading

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