Power Finance Corporation Company Description
Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory, and other services to the power sector in India.
The company offers fund based financial policies/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; line of credit for import of coal; policy for underwriting of debt; and financial assistance to distribution franchisee.
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 | 545 |
CEO | Parminder Chopra |
Contact Details
Address: Urjanidhi New Delhi, Delhi 110001 India | |
Phone | 91 11 2345 6740 |
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 |