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 the power, logistics, and infrastructure sectors in India.
The company offers fund-based financial policies and products, such as project-specific funding; a revamped distribution sector scheme; funding for clearance of dues-LPS; a revolving bill payment facility; guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects (ITP); a debt refinancing policy; a prepayment policy for solar wind ITP and other projects; takeout financing, asset acquisition, bridge loans, buyer's lines of credit, credit facilities for the purchase of power through power exchanges, and conventional and energy-saving projects; and project, medium, and short-term loan services.
Its fund-based financial policies/products also include grants/interest-free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; a line of credit for the import of coal; a policy for underwriting of debt; and financial assistance to distribution franchisees.
The company also provides non-fund-based policies/products comprising guarantees, letters of comfort, and a policy for guarantees 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 | Credit Services |
| Sector | Financials |
| 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 | PFC |
| Exchange | National Stock Exchange of India |
| Fiscal Year | April - March |
| Reporting Currency | INR |
| ISIN Number | INE134E01011 |
| SIC Code | 6159 |
Key Executives
| Name | Position |
|---|---|
| Parminder Chopra | Chairman, Chief Executive Officer and MD |
| Sandeep Kumar | Chief Financial Officer and Executive Director |
| Rajiv Ranjan Jha | Director of Projects and Executive Director |
| Manoj Sharma | Director of Commercial and Director |
| Pawan Kumar | Executive Director and Chief Compliance Officer |
| S. S. Rao | Head of The Public Relations Department |
| Simmi R. Nakra | Chief Vigilance Officer |
| Milind Madhusudan Dafade | Head of Internal Audit and Chief General Manager |
| Sanjay Sharma | Executive Director and Chief Risk Officer |
| Manish Kumar Agarwal | GM and Company Secretary |