Support and Resistance Levels
Past performance
About Power Finance Corporation Ltd Power Finance Corporation Ltd (PFC) is a prominent Indian public financial institution and non-banking financial company, primarily involved in financing and supporting the development of the Indian power sector. Established in 1986, PFC provides a comprehensive range of financial products and services, including rupee term loans, project term loans, equipment lease financing, and consultancy services, targeting power generation, transmission, distribution, and renovation projects. Its clientele spans state and central power utilities, private sector players, and local municipalities engaged in the power sector.
PFC has played a pivotal role in the infrastructure and power sectors through various milestones, such as acquiring REC Limited and establishing numerous Special Purpose Vehicles (SPVs) for independent transmission projects. As of March 2023, PFC's gross loan assets in renewable energy stood at Rs 48,198 crore. The company has expanded its mandate to include lending support to the infrastructure and logistics sector and has engaged in international collaborations, such as a loan agreement with the Japan Bank for International Cooperation to finance its renewable energy portfolio.