Friday, Mar 29, 2024 | Last Update : 04:05 AM IST

Power Finance Corporation

Power ministry advises telcos to cap late payment surcharge at 12%

In general, the applicable rate of late payment surcharges is quite high despite the fact that interest rates softened over last few years

23 Aug 2020 9:07 AM

Power Finance Corporation board okays raising Rs 70,000 cr in one year

The proposal would be placed for shareholders' approval in an AGM of the company on August 27, said the statement.

30 Jul 2019 7:04 PM

Power Finance Corporation raises USD 1 bn from global market

PFC finances power sector projects and its main source of revenue is interest income on loans.

12 Jun 2019 5:37 PM

PFC completes REC acquisition, pays Rs 14,500 cr to government

The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial year.

28 Mar 2019 2:30 PM

Moody's retains stable outlook for Power Finance Corp, Rural Electrification Corp

The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.

27 Mar 2019 7:48 PM

ADVERTISEMENT

SDMC, PFC ink MoU to set up 4 CNG-based crematoria in south Delhi

Power Finance Corporation (PFC) will help SMDC set up crematoria at Dwarka's Sector 24, Subhash Nagar.

31 May 2018 10:06 AM

PFC enters ‘Waste-to-Energy' segment, lends Rs 290 cr to Bawana proj

The country's largest WTE project of 24 MW is being operated by Ramky Group.

16 Apr 2018 3:02 PM

ADVERTISEMENT
ADVERTISEMENT