Power Finance Corporation Limited
Company overview
PFC offers an array of financial products and services including project term loans, lease financing, direct discounting of bills with utilities, short-term loan for working capital requirements, consultancy services for power projects as well as energy efficiency schemes.
The company has been at the forefront of several innovative technologies and initiatives within the Indian power sector. PFC has also actively contributed to the government's vision of achieving universal household electrification through its various funding programs. One aspect that sets PFC apart from its competitors is its strategic collaborations and partnerships. The company has collaborated with international organizations such as KfW Development Bank (Germany), Asian Development Bank (ADB), World Bank Group, etc., which have helped it leverage global best practices and expertise to further strengthen its position in the market. In recent years, PFC has diversified into renewable energy finance by supporting solar parks, wind farms, small hydroelectric projects, biomass-based power plants among others. This move reflects their commitment towards sustainable energy solutions aligning with global environmental goals while staying relevant amidst changing industry trends. Overall, Power Finance Corporation stands out due to its unwavering focus on driving growth and sustainability within the Indian power sector through comprehensive financial solutions backed by strategic alliances and pioneering initiatives.