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HomePower Finance Corporation

Power Finance Corporation

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Financings

Power Finance Corporation to raise Rs 1.6 trillion from domestic and global markets 

March 23, 2026

The board of the Power Finance Corporation has approved a plan to borrow up to Rs 1.6 trillion from domestic and international markets for the financial year 2026-27. The company can raise up to Rs […]

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Projects

ACME Solar bags Rs 47.2 billion financing for clean energy projects

December 19, 2025

ACME Solar Holdings has bagged a debt tie-up of Rs 47.2 billion from Indian financial institutions. Out of the total financing, Rs 27.1 billion has been secured from Power Finance Corporation for ACME’s 300 MW […]

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Projects

ACME Solar commissions 28 MW of its 100 MW wind project

October 23, 2025

ACME Solar Holdings Limited has commissioned the first 28 MW phase of its 100 MW wind project. The project is located in Surendranagar, Gujarat, and deploys SANY’s 4 MW turbines. Furthermore, it has been financed […]

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Financings

KHPL inks Rs 48.29 billion loan agreement with PFC

October 3, 2025

Khorlochhu Hydro Power Limited (KHPL) has inked a term loan agreement with Power Finance Corporation (PFC) worth Rs 48.29 billion. The agreement also provides for a further standby credit facility of Rs 9.50 billion.  Furthermore, […]

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Projects

PFC floats bids to evacuate 1.5 GW of renewable energy in Maharashtra

July 3, 2023

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 […]

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Projects

PFC floats bids to evacuate 7 GW of renewable power

May 19, 2023

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 […]

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Financings

Vibrant Energy receives Rs 22 billion to build wind-solar projects in India

April 10, 2023

Vibrant Energy, an Indian renewable energy provider, has received Rs 22 billion from the Power Finance Corporation. Vibrant Energy is a division of Macquarie Asset Management’s Green Investment Group (MAM-GIG). The company currently provides companies […]

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Financings

PFC raises $2.6 billion from JBIC for emission-reduction projects

March 28, 2023

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 […]

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Miscellaneous

Andhra Pradesh government to procure power from SECI

January 19, 2023

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, […]

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Projects

Sterlite procures Kishtwar transmission project in J&K.

December 7, 2022

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 […]

Projects

PFC Consulting invites ISTS bids to evacuate 20 GW of renewables

March 10, 2022

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 […]

Solar Module Manufacturers in India

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