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Power Finance Corporation Limited

Power Finance Corporation Limited

ISIN: INE134E07CK3
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Key Highlights

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Yield

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Rating

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Min. Invest

7.05%

AAA

~₹ 10.94K

Interest

Principal

Maturity date

Seniority

Annual

At Maturity

01/08/2038

Senior

Security Cover

1X

About the Company

Power Finance Corporation Limited (PFC), incorporated in 1986, is a systemically important non-deposit taking non-banking financial company (NBFC) with an infrastructure finance company status. Set up by the Government of India (GoI) as a specialised development financial institution, PFC is tasked with funding projects in the domestic power sector. It provides loans for a range of activities, including power generation, distribution, transmission, plant renovation/maintenance, and other infrastructure projects. The GoI held a 56% stake in the company as of December 31, 2024. Furthermore, PFC was conferred with 'Maharatna' status by the GoI on October 12, 2021.

Key Management Personnel

Parminder Chopra

Parminder Chopra

Director (Finance) with additional charge of CMD / Chief Financial Officer

Financials

Yearly

*All values are in cr

Company Updates

Power Ministry forms panels to oversee proposed PFC-REC merger

8 weeks ago

The Ministry of Power on Thursday has formed two separate panels to examine the framework for the proposed merger of state-run Power Finance Corporation (PFC) and its subsidiary REC Ltd, and to supervise the restructuring of the two non-banking financial companies (NBFCs). According to official orders, a working group has been created to study the nitty-gritty of the merger. The group includes one executive director each from PFC and REC, along with the ministry’s director (distribution).

Other disclosures

Power Finance Corporation Limited
Yield 7.05%

Units

Inv. Amount

Exp. Returns

Payout Schedule

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