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.
|HQ||New Delhi, IN||Map|
Market capitalization (11-Jan-2021)
Closing stock price (11-Jan-2021)
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.
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