Power Finance Corporation
Finance · India · 501-1,000 Employees
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Overview
Headquarters
Urjanidhi 1 Barakhamba Lane Connaught Pl...Phone Number
+91 1123456000Website
www.pfcindia.co.inRevenue
$4.2 BillionStock Symbol
PFCIndustry
About Power Finance Corporation
Power Finance Corporation Org Chart
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Debt
$500M
Debt
$178.2M
Debt
$1.3B
Most Recent Scoops
Power Finance Corporation News & Media
PFC, REC boards give in-principle nod to merger; detailed plan to follow
The boards of Power Finance Corporation and REC have given their in-principle approval for a merger. This move follows an announcement in the budget to restructure these public sector NBFCs. The merger aims to create a larger, more efficient lending institution. This will help finance India's growing power sector needs. Detailed proposals will be made after obtaining necessary approvals.PFC announces merger with REC in line with Budget 2026 roadmap - The Economic Times
Power Finance Corporation's board has approved a merger with Rural Electrification Corporation. This move aligns with the Union Budget 2026 roadmap. The restructuring aims to achieve scale and improve efficiency in public sector power financiers. The merger will consolidate both entities into a single balance sheet. This significant step is set to reshape India's power financing landscape.Power Finance Corporation Announces ₹5,000 Crore Secured Non-Convertible Debenture Issue
Power Finance Corporation has announced a ₹5,000 crore secured non-convertible debenture offering, representing a major debt fundraising initiative by the state-owned power sector financier. The secured NCD issue demonstrates the company's strategic approach to accessing debt capital markets for its funding requirements.Shri Deepak Jain to join as Chief Risk Officer at Power Finance Corporation - PSU Connect
Power Finance Corporation has announced through exchanges that Shri Deepak Jain who is currently serving as Chief General Manager at PFC will now serve as Chief Risk Officer (CRO) of the company w.e.f. 01st November, 2025 to 15th April, 2026
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Frequently Asked Questions Regarding Power Finance Corporation
Power Finance, established in 1986, is an Indian financial institution specializing in providing financial services to the power sector. The company offers brokerage and financing solutions to various entities including state power utilities, central power sector utilities, power departments, private power sector utilities, power equipment manufact... Read More