Power Finance Corporation Company Description
Power Finance Corporation Limited, a non-banking finance company, engages in the provision of financial products and related advisory, and other services to the power, logistics, and infrastructure sectors in India.
The company offers fund-based financial policies/products, including project term and corporate loans, debt refinancing, lease financing for the purchase of equipment and for wind power projects, line of credit for import of coal, credit facility for the purchase of power through power exchanges, short/medium-term loans, buyer’s line of credit, debt underwriting, financial assistance, and grants.
It also provides non-fund-based products, such as guarantee for performance of contract/obligations in power purchase agreements and letter of comfort; policy for guarantee for credit enhancement; non-fund-based consultancy services; transaction advisory services; project development and management; and strategy, regulatory, tariff support, fund mobilization, and other services for power sector.
The company was incorporated in 1986 and is headquartered in New Delhi, India.
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 |