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Power Finance Corporation (PFC)

company

Power Finance Corporation (PFC) is a leading Indian Non-Banking Financial Company (NBFC) and a Public Sector Undertaking under the Ministry of Power. It primarily provides financial assistance to the power sector, including generation, transmission, and distribution projects, both in conventional and renewable energy segments. PFC's strategy focuses on supporting India's energy infrastructure development through various debt products and advisory services.

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Founded 1986 750 employees Parent: Government of India (Ministry of Power)
Financial InstitutionLender

Strategic Overview

  • Focus on financing India's energy transition, including a significant push for renewable energy and green technologies.
  • Plays a crucial role in implementing government schemes for power sector reforms and development.
  • Expanding its financing scope to include emerging areas like EV charging infrastructure, battery storage, and green hydrogen.
  • Diversifying its loan portfolio beyond traditional thermal power.

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Key People

Parminder Chopra
Chairman & Managing Director (CMD)
Rajesh Kumar Murmu
Director (Commercial)
Manoj Sharma
Director (Technical)
R. Lakshmanan
Director (Projects)
P.K. Singh
Director (Finance)

Track Record

38
Years Active
$B150B
Total Value
Notable projects: Numerous power generation, transmission, and distribution projects across India

Detailed Analysis

Sectors
UtilitiesEnergy Transition
Technologies
Thermal PowerHydropowerSolar PVOnshore WindOffshore WindTransmissionDistributionBattery StorageEV ChargingGreen Hydrogen
Geographies
IndiaNepalBhutanBangladesh
Deal Stage
GreenfieldBrownfieldOperating
Deal Structure
Project FinanceCorporate LoansBridge LoansWorking Capital Loans

Subsidiaries

REC Limited

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