India · Delayed Price · Currency is INR Power Finance Corporation Company Description
Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory services to power sector in India.
The company provides financial and insurance services. It also offers fund based financial policies and products, including guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects; debt refinancing and prepayment policy for solar wind projects; and takeout financing, asset acquisition, bridge loan, buyer's line of credit, credit facility for purchase of power through power exchange, energy saving project, and project and short-term loan services.
Its fund based financial policies/products also include financing for purchase of equipment; grants/interest free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; a line of credit for import of coal; policy for underwriting of debt; and financial assistance to distribution franchisees.
In addition, the company provides non-fund based policies/products comprising guarantees, letter of comfort, and policy for guarantee for credit enhancement; and non-fund based consultancy services.
Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.
| Country | India |
| Founded | 1986 |
| Industry | Miscellaneous business Credit Institutions |
| Employees | 540 |
| CEO | Parminder Chopra |
Contact Details
Address: Urjanidhi New Delhi, Delhi 110001 India | |
| Phone | 91 11 2345 6000 |
| Website | pfcindia.com |
Stock Details
| Ticker Symbol | 532810 |
| Exchange | Bombay Stock Exchange |
| Fiscal Year | April - March |
| Reporting Currency | INR |
| SIC Code | 6159 |
Key Executives
| Name | Position |
|---|---|
| Parminder Chopra | Chief Executive Officer |
| Sandeep Kumar | Chief Financial Officer |