OverviewSuggest Edit

Power Finance Corporation provides financial products and related advisory, and other services to the power sector in India. The company offers fund based financial policies/products, including asset acquisition; bridge, corporate, short term, and rupee and foreign currency term loans; short term loan for SPV; buyer’s line of credit; and credit facility for purchase of power. Its fund based financial policies/products also include debt refinancing; energy saving projects; fuel supply projects and equipment manufacturers financing; grants/interest free loans for studies/consultancies; lease financing for wind power projects and purchase of equipment; line of credit for import of coal; takeout financing; and solar PV policy to power generation projects and private sector. The company’s non-fund based products comprise guarantee, guarantee for credit enhancement, and letter of comfort. It also provides consultancy services in the areas of procurement of power by distribution licensees; renewable and non-conventional energy schemes; selection of developers for coal blocks; selection of EPC contractors; reform, restructuring, and regulatory aspects; capacity building and human resource development; and execution of ultra-mega power projects, and independent transmission projects. In addition, the company offers acquisition advisory services; financing of equipment manufacturing facilities, fuel sources development and distribution projects, and renewable energy sector projects; and consortium lending services. It serves state electricity boards, state power utilities, state electricity/power departments, other state departments, central and joint sector power utilities, equipment manufacturers, and private power sector utilities.

TypePublic
Founded1986
HQNew Delhi, IN
Websitepfcindia.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Sept 2020)427
Share Price (Jan 2021)₹119.8
Cybersecurity ratingAMore

Power Finance Office Locations

Power Finance has offices in New Delhi, Chennai and Mumbai
New Delhi, IN (HQ)
1 New Barakhamba Rd
Chennai, IN
SIDCO Electronics Complex
Mumbai, IN
Maharshi Karve Rd
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Power Finance Financials and Metrics

Power Finance Revenue

Market capitalization (11-Jan-2021)

321.4b

Closing stock price (11-Jan-2021)

119.8
Power Finance's current market capitalization is ₹321.4 b.
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Power Finance Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

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Power Finance Online and Social Media Presence

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Power Finance News and Updates

Germany’s Green Power Finance Is Becoming Unaffordable

Germany’s Green Power Finance Is Becoming Unaffordable

MUFG's Project Finance Group Adds to List of Recent Honors, Winning Project Finance Lead Arranger of the Year Award From Power Finance & Risk

NEW YORK, May 30, 2019 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG), Inc., today announced that its Project Finance team in the Americas added to its impressive list of recent honors by capturing six of Power Finance & Risk's 2018 industry awards, including one for Louise Pesce,...

Half Of Power Finance Corporation’s Loans To Private Sector Projects Turned Bad

PFC has seen 55 percent of loans given to private power projects turn bad.

Power Finance Corporation’s EGM passes resolution for REC takeover

The decision signals the creation of a major lending institution for the power sector .'It was procedural and a necessary formality before the board meeting,' said a senior company executive 

Power Finance not to extend open offer to REC's minority holders

(Reuters) - Power Finance Corp Ltd said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd.

AP Power Finance Corp to raise Rs 5,000 crore through bonds

: Andhra Pradesh Power Finance Corporation, set up to support and augment the resources for financing the power sector reforms in the state, is in the process of raising Rs 5,000 crore through bonds, a senior official said Tuesday. ''The state government has givenus permission to raise Rs 5,000…
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Power Finance Frequently Asked Questions

  • When was Power Finance founded?

    Power Finance was founded in 1986.

  • How many employees does Power Finance have?

    Power Finance has 427 employees.

  • Who are Power Finance competitors?

    Competitors of Power Finance include EAM Solar, Social(k) and Bakken Resources.

  • Where is Power Finance headquarters?

    Power Finance headquarters is located at 1 New Barakhamba Rd, New Delhi.

  • Where are Power Finance offices?

    Power Finance has offices in New Delhi, Chennai and Mumbai.

  • How many offices does Power Finance have?

    Power Finance has 3 offices.