PFC

Power Finance Corporation Limited (PFC): Spearheading Power and Infrastructure Finance

Power Finance Corporation Limited (PFC) is a Maharatna Public Sector Undertaking (PSU) under the Ministry of Power, Government of India. It stands as a leading Non-Banking Financial Company (NBFC) specializing in providing financial assistance to the power sector. PFC finances projects across the entire power value chain, including generation, transmission, and distribution, and plays a significant role in India's energy transition by funding renewable energy, electric vehicles (EVs), battery storage, pumped storage projects (PSPs), green hydrogen, and green ammonia initiatives. PFC is also the parent company of REC Limited. Key Business Operations: Financial Products: Offers a diverse range of financial products and services, including project finance, working capital loans, term loans, debt syndication, and advisory services. Sector Focus: Primarily caters to Central and State power utilities, private power project developers, and renewable energy companies. Government Initiatives: Acts as a nodal agency for various government schemes aimed at strengthening India's power infrastructure. Diversification: Increasingly financing other infrastructure segments like metros, airports, roads, ports, and water supply projects, especially those with robust revenue models, to diversify its loan book.