Power Finance Corporation Limited (PFC.NS) NSE

402.35

+5.05(+1.27%)

Updated at September 29 11:38AM

Currency In INR

Power Finance Corporation Limited

Address

Urjanidhi

New Delhi, 110001

India

Phone

91 11 2345 6000

Sector

Financial Services

Industry

Financial - Credit Services

Employees

545

First IPO Date

February 23, 2007

Key Executives

NameTitlePayYear Born
Mr. Manoj SharmaDirector of Commercial & Director9.62M1966
Ms. Parminder ChopraChairman & MD10.18M1967
Mr. Rajiv Ranjan JhaDirector of Projects & Executive Director10.39M1966
Ms. Ankit BansalGM & Chief Risk Officer0N/A
S. S. RaoHead of The Public Relations Department0N/A
Mr. Sandeep KumarChief Financial Officer & Executive Director01966
Mr. Milind Madhusudan DafadeHead of Internal Audit & Chief General Manager0N/A
Mr. Manish Kumar AgarwalGM, Company Secretary & Compliance Officer0N/A
Ms. Simmi R. NakraChief Vigilance Officer0N/A

Description

Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory, and other services to the power sector in India. The company offers fund based financial policies/products, including guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects; debt refinancing and prepayment policy for solar wind projects; takeout financing, asset acquisition, bridge and corporate loan, buyer's line of credit, credit facility for purchase of power through power exchange, energy saving project, and project and short-term loan services; financing of fuel supply projects and equipment manufacturers; grants/interest free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; line of credit for import of coal; policy for investment in equity of power projects; guidelines for funding grid connected solar thermal private sector power generation projects; policy for underwriting of debt; refinancing of debt of commissioned projects along with additional corporate loans for new-expansion-acquisition of projects; and financial assistance to distribution franchisee. It also provides non-fund based policies/products comprising guarantees, letter of comfort, and policy for guarantee for credit enhancement. In addition, the company offers non-fund based consultancy services. Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.