Power Finance Corporation
PFC extends ₹9,187 crore assistance to HPCL Rajasthan Refinery
Oil & Gas
July 6, 2023
PFC extends ₹9,187 crore assistance to HPCL Rajasthan Refinery
In a significant development, Power Finance Corporation (PFC) announced that it has provided a financial assistance of ₹9,187 crore to…
DISCOMs dues down to ₹93,000 cr in less than a year of enforcing LPS Rule
Power
May 22, 2023
DISCOMs dues down to ₹93,000 cr in less than a year of enforcing LPS Rule
The total outstanding dues of electricity distribution utilities (DISCOMs) has reduced by a third to around ₹93,000 crore in May,…
RK Singh asks PFC, REC for short-term loans to imported coal plant
Coal
May 12, 2022
RK Singh asks PFC, REC for short-term loans to imported coal plant
The Power Ministry has directed Power Finance Corporation and REC Ltd to provide short-term loans to imported coal-based thermal plants…
DISCOMs outstanding dues to GENCOs rise 4% to ₹1,21,765 cr
Power
May 9, 2022
DISCOMs outstanding dues to GENCOs rise 4% to ₹1,21,765 cr
Total outstanding dues of electricity distribution companies to power producers rose by 4.04% year-on-year to ₹1,21,765 crore in May 2022,…
Ramganj GIS Substation built at a cost of ₹7.50 cr
Power
December 1, 2021
Ramganj GIS Substation built at a cost of ₹7.50 cr
In yet another initiative towards improving supply of electricity for people of Jaipur, a 33/11 KV GIS Substation was inaugurated…
Government accords ‘Maharatna’ status to PFC
Power
October 12, 2021
Government accords ‘Maharatna’ status to PFC
Government of India accorded ‘Maharatna’ status to the state-owned Power Finance Corporation Ltd (PFC), thus giving PFC greater operational and…
33/11 KV GIS substation inaugurated in Dehradun
Power
October 5, 2021
33/11 KV GIS substation inaugurated in Dehradun
33/11kV GIS (Gas Insulated Switchgear) Sub Station, and RT- DAS (Real Time Data Acquisition system) Control System under the IPDS…
PFC distributes LED bulbs to create efficiency awareness
Sustainability
October 4, 2021
PFC distributes LED bulbs to create efficiency awareness
Power Finance Corporation Ltd (PFC), the leading NBFC in India's power sector, celebrated 'Azadi Ka Amrit Mahotsav' marking 75 years…
33/11kV 6.3 MVA power substation inaugurated in Nowshera
Power
August 5, 2021
33/11kV 6.3 MVA power substation inaugurated in Nowshera
A 33/11kV 6.3 MVA Power Sub Station, commissioned under the IPDS scheme of Government of India, was inaugurated at Nonial…
33/11kV 10 MVA Substation inaugurated in Bandipora, J&K
Power
July 23, 2021
33/11kV 10 MVA Substation inaugurated in Bandipora, J&K
A 33/11kV 10 MVA Substation commissioned under the IPDS scheme of the Government of India was inaugurated in Nusso, Bandipora.
DISCOMs outstanding dues to GENCOs fall 15%
Power
July 19, 2021
DISCOMs outstanding dues to GENCOs fall 15%
Total outstanding dues owed by electricity distribution utilities or DISCOMs to power producers fell 15.25% to Rs 82,305 crore in…
50 kWp solar roof top inaugurated in Solan
Renewable Energy
June 25, 2021
50 kWp solar roof top inaugurated in Solan
As part of the 'Azadi ka Amrit Mahotsav', a 50 kWp Solar roof top was inaugurated in Solan, Himachal Pradesh…
DISCOMs get Rs 46,321 crore under liquidity package so far
Power
March 23, 2021
DISCOMs get Rs 46,321 crore under liquidity package so far
Power distribution utilities or DISCOMs in the country have been sanctioned loans of Rs 1.35 lakh crore and disbursed Rs…
REC & PFC to finance hydropower project in Bhutan
Power
March 11, 2021
REC & PFC to finance hydropower project in Bhutan
REC Ltd and Power Finance Corporation (PFC) have entered into a pact with Bhutan-based Kholongchhu Hydro Energy Ltd (KHEL) to…
PFC sanctions Rs 2790 crore to JKPCL to clear dues
Power
October 16, 2020
PFC sanctions Rs 2790 crore to JKPCL to clear dues
Power Finance Corporation Ltd (PFC), India's leading NBFC, has sanctioned Rs 2,790 crore to Jammu Kashmir Power Corporation ltd (JKPCL)…
PFC signs agreement with IIT- Kanpur for research & training in Smart Grid Technology
Power
July 29, 2020
PFC signs agreement with IIT- Kanpur for research & training in Smart Grid Technology
PFC signed a MoA with IIT- Kanpur for Training, Research, and Entrepreneurship Development in Smart Grid Technology. Under the MoA,…