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445.75 INR
5.7
1.26%
Last update May 15, 3:29 PM IST
Market closed
Day range
443
452.35001
Previous close
451.45001
Open
451.45001
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Power Finance Corporation Ltd.
445.75
5.70
1.26%

Overview

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Description

Power Finance Corporation Ltd. is a leading financial service company that caters primarily to the power sector in India. As a non-banking financial corporation, its primary function is to provide fund and non-fund based financial assistance to power sector projects across the country. Established in 1986, the corporation plays a pivotal role in the financial backbone of India's energy infrastructure, supporting generation, transmission, and distribution initiatives. Power Finance Corporation Ltd. offers a broad array of financial products, including project term loans, lease financing, and consultancy services. Its influence extends across various segments of the energy sector, impacting thermal, hydro, and renewable energy projects. In doing so, it significantly contributes to the enhancement of India's power generation capacity and aids in achieving national energy security goals. Given its strategic importance to the power infrastructure in India, Power Finance Corporation Ltd. operates under the administrative control of the Ministry of Power, ensuring alignment with governmental policies on energy development and sustainability.

About

CEO
Ms. Parminder Chopra
Employees
540
Address
Urjanidhi
1, Barakhamba Lane Connaught Place
New Delhi, 110001
Phone
91 11 2345 6000
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
India
MIC code
XNSE
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