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.
Director (Finance) with additional charge of CMD / Chief Financial Officer
View all team
Financials
RevenuePATNet Worth
Yearly
*All values are in cr
Company updates
NewsEvents
Power Ministry forms panels to oversee proposed PFC-REC merger
•
17 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).