Power Finance

Power Finance Corporation Ltd. (NSE: PFC, BSE: 532810) is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. PFC’s Net worth as on 30 September 2018 is INR 383 billion .[1] PFC is the 8th highest profit making CPSE as per the Department of Public Enterprises Survey for FY 2017-18. PFC is India’s largest NBFC and also India’s largest Infrastructure Finance Company.

Power Finance Corp. Ltd. is a non-banking financial company, which provides financing services to the electrical power industry. It provides a range of financial products and related advisory and other services from project conceptualization to the post-commissioning stage for its clients in the power sector, including for generation, transmission and distribution projects as well as for related renovation and modernization projects. The company also provides fund based financial assistance: project finance, short-term loans, buyer’s line of credit and debt refinancing schemes, as well as non-fund based assistance including default payment guarantees and letters of comfort. It also provides various fee-based technical advisory and consultancy services for power sector projects. Power Finance was founded on July 16, 1986 and is headquartered in New Delhi, India.