Search For "power finance corporation"

Power ministry takes steps for operationalising imported coal-based plants
Updated : 3 months ago IST
New Delhi [India], May 11 (ANI): Union Power Ministry has directed Power Finance Corporation (PFC) and Rural Electrification Corporation (REC Ltd) to take necessary action to arrange short term loans for a period of six months with adequate safeguards for imported coal-based plants (ICB) whi
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Power Finance Corporation pays Rs 887 crore as interim dividend to govt fo
Updated : 5 months ago IST
New Delhi [India], March 12 (ANI): The Power Finance Corporation (PFC) on Friday said that the company has paid Rs 887 crore to the government as an interim dividend for the financial year 2021-22.
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Power Finance Corporation to provide motorised tricycles for orthopedicall
Updated : 5 months ago IST
New Delhi [India], March 8 (ANI): Power Finance Corporation (PFC), India's leading NBFC in the power sector, on Tuesday said it has signed a memorandum of agreement (MoA) with Artificial Limbs Manufacturing Corporation of India (ALIMCO) for distribution of motorised tricycles to orthopedical
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Power Finance Corporation, REC Limited cut lending rates by 0.40 per cent
Updated : 6 months, 3 weeks ago IST
New Delhi [India], January 19 (ANI): The government-run Non-Banking Financial Companies (NBFCs), Power Finance Corporation and REC Limited, have reduced their lending rates across all types of loans by 40 bps or 0.40 per cent, the Ministry of Power said on Wednesday.
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PFC-REC make further reduction in lending rates
Updated : 6 months, 3 weeks ago IST
New Delhi [India] January 19 (ANI): State-owned non-banking financial companies, Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 Bps.
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Union Minister RK Singh congratulates PFC on being accorded 'Maharatna' st
Updated : 10 months ago IST
New Delhi [India], October 12 (ANI): Union Minister of Power and New and Renewable Energy, RK Singh congratulated Power Finance Corporation Limited (PFC) on being accorded the 'Maharatna' status by the Government of India (GOI), informed the Ministry of Power on Tuesday.
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Government's vision is to make available affordable power for all 24x7: Un
Updated : 10 months, 1 week ago IST
New Delhi [India], October 6 (ANI): Union Power Ministry reviewed the performance of Rural Electrification Corporation (REC) and Power Finance Corporation (PFC) Limited on October 4 and 5, respectively, said a press release from the power ministry.
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Power Finance Corporation issues India's first Euro Green Bond
Updated : 10 months, 3 weeks ago IST
New Delhi [India], September 16 (ANI): Power Finance Corporation Ltd (PFC) has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance on September 13, informed the Ministry of Power on Wednesday.
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Fitch rates PFC's proposed EUR green bond BBB-minus
Updated : 11 months ago IST
Hong Kong, Sep 10 (ANI): Fitch Ratings has assigned Power Finance Corporation's (PFC's) proposed Regulation S senior unsecured euro green bond a rating of BBB-minus.
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PRSI, Delhi Chapter forms new governing body, SS Rao elected as Chairman
Updated : 1 year, 3 months ago IST
New Delhi, (Delhi), [India], April 27 (ANI/NewsVoir): The newly formed governing body of the Public Relations Society of India (PRSI), Delhi Chapter has unanimously elected SS Rao (Chief General Manager, PR, Power Finance Corporation) as its Chairman for the period of 2021-23.
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PRSI, Delhi Chapter forms new governing body, SS Rao re-elected as Chairma
Updated : 1 year, 3 months ago IST
New Delhi [India], April 26 (ANI/NewsVoir): The newly formed governing body of the Public Relations Society of India (PRSI), Delhi Chapter today, has unanimously elected SS Rao (Chief General Manager, PR, Power Finance Corporation) as its Chairman for the period of 2021-23.
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PFC issues $500 million senior unsecured bonds for more than 10 years
Updated : 1 year, 6 months ago IST
New Delhi [India], February 2 (ANI): State-owned Power Finance Corporation (PFC) has successfully raised 500 million dollars through the issuance of US dollar denominated bonds under 'Reg S route' with a fixed maturity of May 16, 2031.
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