Power Finance Corporation Limited Profile
Industry
Financial - Credit ServicesSector
Financial ServicesNumber of Employees
519Power Finance's Business Model
Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory, and other services to the power sector in India. The company offers fund based financial policies/products, including guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects; debt refinancing and prepayment policy for solar wind projects; takeout financing, asset acquisition, bridge and corporate loan, buyer's line of credit, credit facility for purchase of power through power exchange, energy saving project, and project and short-term loan services; financing of fuel supply projects and equipment manufacturers; grants/interest free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; line of credit for import of coal; policy for investment in equity of power projects; guidelines for funding grid connected solar thermal private sector power generation projects; policy for underwriting of debt; refinancing of debt of commissioned projects along with additional corporate loans for new-expansion-acquisition of projects; and financial assistance to distribution franchisee. It also provides non-fund based policies/products comprising guarantees, letter of comfort, and policy for guarantee for credit enhancement. In addition, the company offers non-fund based consultancy services. Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.
About Power Finance
Website: https://www.pfcindia.com
CEO (Chief Executive Officer): Ms. Parminder Chopra
IPO date: 2007-02-23
Contact
Country: IN
Address: Urjanidhi
City: New Delhi
State: None
Phone: 91 11 2345 6000
Zip Code: 110001
Other
CIK: None
ISIN: INE134E01011
CUSIP: Y7082R109
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