ACME Solar Holdings has tied up ₹3,404.57 crore in long-term financing from Power Finance Corporation (PFC) for the development of its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project, …
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Power Finance Corporation
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NATIONAL NEWS
PFC Consulting Incorporates Satara Power Transmission Limited for Western Region Network Expansion Project
by Editorby EditorPFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited (PFC), has incorporated Satara Power Transmission Limited as a wholly owned subsidiary to facilitate the development of …
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Power Finance Corporation Limited (PFC) has announced the transfer of Kakinada I Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited, to Power Grid Corporation of India Limited (PGCIL), …
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NATIONAL NEWS
PFC and REC Boards Approve Merger Scheme to Create Financing Entity with Over ₹11 Lakh Crore Loan Book
by Editorby EditorThe Board of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) today approved the Scheme of Merger (Scheme) for merger of REC (Transferor Company) into PFC (Transferee …
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NATIONAL NEWS
Power Finance Corporation Reports Strong FY26 Financial Performance, Recommends Final Dividend
by Editorby EditorPower Finance Corporation has reported strong financial results for the quarter and financial year ended March 31, 2026, posting a standalone net profit of ₹20,051.34 crore for FY 2025-26. The …
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REC Limited, a Maharatna public sector enterprise, has announced the appointment of Shri Rajiv Ranjan Jha as Nominee Director of Power Finance Corporation Limited (PFC) on its Board, effective April …
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NATIONAL NEWS
Power Finance Corporation Limited Announces Dissolution of Subsidiary SIPCL
by Editorby EditorPower Finance Corporation Limited (PFC) has announced that its wholly owned subsidiary, Sakhigopal Integrated Power Company Limited, has been officially struck off and dissolved by the Registrar of Companies with …
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NATIONAL NEWS
Power Finance Corporation Transfers Saswad Transmission Limited to Maharashtra State Electricity Transmission Company
by Editorby EditorPower Finance Corporation Limited (PFC) has announced the transfer of Saswad Transmission Limited, a wholly owned subsidiary of PFC Consulting Limited, to Maharashtra State Electricity Transmission Company Limited (MSETCL) following …
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NATIONAL NEWS
Power Finance Corporation Acquires 52.63% Government Stake in REC Limited; Merger Moves Forward
Power Finance Corporation Ltd (PFC) has completed the acquisition of the Government of India’s 52.63 percent equity stake in REC Limited, formally making REC a subsidiary of PFC. The move …
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Power Finance Corporation Ltd (PFC) has acquired 52.63 percent of the Government of India’s stake in  Rural Electrification Corporation Limited (REC), making the latter its subsidiary as part of a …
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