Power Finance Corporation Company Description

Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory services to the power, logistics, and infrastructure sectors in India.

The company offers fund-based financial policies and products, such as project-specific funding; a revamped distribution sector scheme; funding for clearance of dues-LPS; a revolving bill payment facility; guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects (ITP); a debt refinancing policy; a prepayment policy for solar wind ITP and other projects; takeout financing, asset acquisition, bridge loans, buyer's lines of credit, credit facilities for the purchase of power through power exchanges, and conventional and energy-saving projects; and project, medium, and short-term loan services.

Its fund-based financial policies/products also include grants/interest-free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; a line of credit for the import of coal; a policy for underwriting of debt; and financial assistance to distribution franchisees.

The company also provides non-fund-based policies/products comprising guarantees, letters of comfort, and a policy for guarantees for credit enhancement; and non-fund-based consultancy services.

Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.

Power Finance Corporation Limited

Country	India
Founded	1986
Industry	Miscellaneous business Credit Institutions
Employees	540
CEO	Parminder Chopra

Contact Details

Address: Urjanidhi New Delhi, Delhi 110001 India
Phone	91 11 2345 6000
Website	pfcindia.com

Stock Details

Ticker Symbol	532810
Exchange	Bombay Stock Exchange
Fiscal Year	April - March
Reporting Currency	INR
SIC Code	6159

Key Executives

Name	Position
Parminder Chopra	Chief Executive Officer
Sandeep Kumar	Chief Financial Officer