Page 142 - January 2022 Issue

Power Finance

Corporation Limited

Ravinder Singh Dhillon
CMD, PFC

ncorporated on July 16th, 1986, Power Finance Corporation Limited (PFC).
is a Schedule-A Navratna CPSE, and is a leading Non-Banking Financial
ICorporation in the Country. PFC’s registered office is located in New Delhi
and regional offices are located in Mumbai and Chennai.

PFC is under the administrative control of the Ministry of Power. PFC was
conferred the title of a ‘Navratna CPSE’ in June, 2007, and was classified as an
Infrastructure Finance Company by the RBI on 28th July, 2010. PFC was set up
with a vision to power India to the next phase of its development – to take up
the mantle of a global superpower.

PFC has earned its name for its insight and superior skills in financing the
PFC has been actively Power Sector. The Company’s specialized focus enables it to develop adaptable
engaged in distribution solutions to the vagaries of the economic health of its clients, and the fiscal
of PPE Kits, Masks, health of the country in general. As a responsible and evolving entity, PFC
sanitizers and other has taken business decisions to spur further growth by tapping hitherto latent
essential items to opportunities – such as those present in financing fuel suppliers, equipment
manufacturers and the renewable energy sector. To this end, PFC established a
frontline Healthcare
Subsidiary – PFC Consulting Limited., as well as several other business units,
workers as a preventive
such as Power Exchanges etc. Having these units at hand ensures that PFC is
measure against spread well prepared to tackle any and all challenges on the way.
of COVID-19.

In order to create It is always a genuine pleasure to be acknowledged by one and all for glorious
awareness about achievements, skill and dedication to the cause. It, therefore, comes as no
COVID-19 increasing surprise, that the Government of India places PFC at the forefront of their most
valuable projects. PFC is the Nodal Agency for development of Ultra Mega
immunity various Short
Power Projects (UMPPs), the Integrated Power Development Scheme (IPDS)
videos & digital posters
and the Independent Transmission Projects (ITPs). Having been entrusted
were shared through with the responsibility of being Nodal to these prestigious flagship schemes of
Whatsapp and Social Government of India, PFC has brought its considerable expertise to bear, and

Media Handles of PFC. has delivered splendidly on all fronts.

Power Finance Corporation Limited 115