PFC financially supporting the power sector of India
Organisations Name : Power Finance Corporation Ltd. (PFC)
Head of the Organisation: RAVINDER SINGH DHILLON
Designation: Chairman & MD
Services Offered: Fund based policies/products, Non-fund based policies/products, Lending rates, Guidelines for disbursement, Online solar application, Online wind application etc.
A Schedule-A Navratna CPSE and a leading Non-Banking Financial Corporation in the country, PFC is under the administrative control of the Ministry of Power. It provides financial help to the power projects in the country which includes generation, transmission, distribution and RM&U projects. It has forayed into financing of other infrastructure projects which have backward linkages to the power sector like coal mine development, fuel transportation, oil & gas pipelines etc.
PFC Consulting Ltd., a wholly owned subsidiary of Power Finance Corporation, has incorporated Nangalbibra-Bongaigaon Transmission Ltd. Company. The purpose of the incorporation is for development of Transmission scheme associated with "Establishment of new 220/132 kV substation at Nangalbibra. Also, PFC is association with North Bihar Power Distribution Corporation Ltd. (NBPDCL) has inaugurated a 2x10 MVA GIS sub-station in Purnea district. The sub-station will benefit people of Purnea and the surrounding areas.
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