Power Finance Corporation Limited (NSE: PFC)
India flag India · Delayed Price · Currency is INR
453.30
-27.15 (-5.65%)
Dec 20, 2024, 3:30 PM IST

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.

Power Finance Corporation Limited
Power Finance Corporation logo
Country India
Founded 1986
Industry Credit Services
Sector Financials
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 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 and MD
Rajiv Ranjan Jha Director of Projects and Executive Director
Manoj Sharma Director of Commercial and Director
Sandeep Kumar Chief Financial Officer and Executive Director
S. S. Rao Head of The Public Relations Department
Simmi R. Nakra Chief Vigilance Officer
Ankit Bansal GM and Chief Risk Officer
Milind Madhusudan Dafade Head of Internal Audit and Chief General Manager
Manish Kumar Agarwal GM, Company Secretary and Compliance Officer