India’s leading public sector undertaking, Power Finance Corporation Limited has clocked the highest ever quarterly Profit After Tax of Rs 3,847Cr in Q2’24. Read further on Dynamite News:
PFC Chairperson and Managing Director Parminder Chopra inaugurated the celebrations and administered the Integrity Pledge. Read further on Dynamite News:
This loan agreement was signed under the long-term facility of JPY 30 billion provided by JBIC to PFC. Read further on Dynamite News:
Under the able leadership of CMD Parminder Chopra, Power Finance Corporation continues to make substantial strides in the power, renewable energy and infrastructure finance sectors… Read further on Dynamite News:
PFC recently diversified its loan portfolio by foraying into infrastructure projects such as refineries, ports, roads, metro, biofuels, waste to energy etc. Read further on Dynamite News:
Parminder Chopra has also played a key role in the successful implementation of INR 1.12 trillion Liquidity Infusion Scheme (LIS) for power distribution sector, which was rolled out as part of Aatmanirbhar Bharat initiative. Read further om Dynamite News:
This is the first project where PFC has extended financial assistance to the refinery and petrochemical sector. Must read full story on Dynamite News:
Ministry of Power has approved ‘Revamped Distribution Sector Scheme’ (RDSS) for NDMC with a sanctioned cost of Rs. 337 crore. Must read full story on Dynamite News:
As on 31 March 2023, the consolidated net worth stands at Rs 1,11,981 crore versus Rs 96,275 crore as on 31 March 2022. Must read full story on Dynamite News:
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