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397.5 INR
17.85
4.70%
Last update Apr 1, 3:29 PM IST
Market closed
Day range
384.89999
399.89999
Previous close
379.64999
Open
384.89999
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Power Finance Corporation Limited
397.50
17.85
4.70%

Overview

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Description

Power Finance Corporation Limited is a prominent financial institution specialized in funding the Indian power sector. Established as a government-owned entity, its primary function is to provide financial assistance to promote electrical infrastructure and energy generation projects across the country. The organization plays a crucial role in facilitating the development of renewable and non-renewable energy sources by offering diverse financial products such as project finance, corporate finance, and consultancy services. It significantly impacts sectors like thermal, hydroelectric, and renewable energy, driving efforts toward sustainable energy solutions. Power Finance Corporation Limited operates as a key player in the Indian energy landscape, helping bridge the gap between energy policy aspirations and execution by channeling funds to both private and public energy enterprises. Its activities support the government's agenda in electrifying every corner of India and enhancing energy efficiency and reliability nationwide. By playing an instrumental role in project financing, technology upgrading, and capacity enhancement, the corporation helps bolster the country's efforts toward achieving long-term energy security and economic growth.

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
XBOM
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