Power Finance Corporation (PFC) has entered into a loan agreement worth Rs 65 billion (JPY 120 billion) with the Japan Bank for International Cooperation (JBIC). JBIC will provide Rs 40.04 billion (JPY 72 billion) of […]
Adani Energy Solutions Limited has acquired the Pune-III Transmission project (part of Phase IV, Part D) from the Power Finance Corporation (PFC) for Rs 187.8 million. The project will enable the evacuation of 7 GW […]
Power Finance Corporation (PFC) has successfully raised $1.265 billion through a foreign currency term loan. Multiple banks including SBI, IDBI, Axis bank, MUFG, Deutsche, and SMBC took part in the deal. SBI was the largest […]
The solar power segment has emerged as one of the most attractive infrastructure sectors for investment. It has witnessed significant growth in recent years, driven by favourable government policies and increasing interest from investors and […]
Serentica Renewables has bagged Rs 26 billion financing from Power Finance Corporation Limited (PFC) for its upcoming hybrid clean energy projects in Karnataka. Serentica Renewables will deploy 4 GW of clean energy capacities across the […]
Power Finance Corporation (PFC), subsidiary PFC Consulting has issued a request for proposals (RFP) for the development of an interstate transmission system (ISTS) to transport 1,500 MW of electricity from renewable energy projects in Maharashtra’s […]
PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC) has requested proposals to design an interstate transmission system (ISTS) to evacuate 7 GW of power from the Khavda Renewable Energy Park. According to the […]
Power Finance Corporation Limited (PFC), a Maharatna company and a leading Non-Banking Financial Company (NBFC) has sanctioned a loan of Rs 6.33 billion to Gensol Engineering Limited. The loan intends to purchase 5,000 passenger electric […]
Power Finance Corporation (PFC) has signed a loan agreement worth $20.2 million with Japan Bank for International Corporation (JBIC). The funds raised will be used by PFC to finance its renewable energy portfolio and provide […]
The Andhra Pradesh Energy minister, Mr Peddireddi Ramachandra Reddy announced that the nine-hour free power scheme has provided farmers with assurance and security. On the occasion of Sankranti which is considered as the farmer’s festival, […]
Sterlite Power announced the acquisition of Kishtwar Transmission Limited, a special purpose vehicle from the Power Finance Corporation (PFC) arm PFC Consulting. The project was awarded to Sterlite Power in March 2022 through tariff-based competitive […]
Greenko has secured a Rs 55 billion loan from Power Finance Corporation (PFC), a public sector undertaking to construct a river energy storage project in Andhra Pradesh. The loan tenure is for 20 years subject […]
Under Phase-Ill, Part H, PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has requested proposals for the development of an interstate transmission system (ISTS) to evacuate 20 GW of power from Rajasthan’s renewable […]
Under Phase-Ill, Part-A1, PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has requested proposals to construct an interstate transmission system (ISTS) to evacuate 20 GW of power from Rajasthan’s renewable energy zone. Similarly, […]
The Power Finance Corporation Ltd (PFC) has issued its 7-year Euro Bond, which is a green bond on September 13, 2021, raising Euro 300 million. This is India’s debut Euro-denominated green bond issuance and is […]
The financial and operational performance of state-owned power utilities has been a constant concern for the sector. While various efforts have been made in the recent past to improve the financial health of the state […]
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