Overview
Type
Government Owned Company
Headquarters
New Delhi, Delhi
Category
Financial Services
Power Finance Corporation Ltd. (PFC) is an Infrastructure Finance Company dedicated to financing the power sector. It was established by the Govt. of India in in July 1986 to provide exclusive focus for financing and development of the power sector in the country. Today, PFC is the single largest lender to the Indian power sector and supports about 23% of the country's installed power generation capacity. PFC, in its role as a Development Financial Institution has also been supporting State Power Utilities through a variety of capacity building measures. PFC is also the nodal agency for development of Ultra Mega Power Projects (UMPP) and Restructured Accelerated Power Development and Reforms Program (R-APDRP). Power Finance Corporation funds power projects in India. The Company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. POWER FINANCE CORPORATION LIMITED is located in New Delhi, Delhi, India and is part of the Consulting Services Industry. POWER FINANCE CORPORATION LIMITED has 526 total employees across all of its locations and generates $2.35 billion in sales (USD). There are 123 companies in the POWER FINANCE CORPORATION LIMITED corporate family. POWER FINANCE CORPORATION LIMITED is located in New Delhi, Delhi, India and is part of the Consulting Services Industry. POWER FINANCE CORPORATION LIMITED has 526 total employees across all of its locations and generates $2.35 billion in sales (USD). There are 123 companies in the POWER FINANCE CORPORATION LIMITED corporate family.