Power Finance Corporation
PFC: Green bonds on Luxembourg Stock Exchange
State-owned Power Finance Corporation (PFC) has announced that its maiden green bonds worth 300 million euros have been listed on the Luxembourg Stock Exchange (LSE). RS Dhillon, PFC Chairman and Managing Director (CMD) rang the bell during the listing ceremony ..
Month: Current Affairs - June, 2022
Category: Economy & Banking Current Affairs - 2024
PFC Signs MoA with IIT-Kanpur for Training and Research in Smart Grid Technology
Power Finance Corporation (PFC), a PSU under the administrative control of the Ministry of Power, has signed an MoA with the Indian Institute of Technology, Kanpur, for training, research and entrepreneurship development in smart grid technology. Under this arrangement, PFC ..
Month: Current Affairs - July, 2020
USD 250 million loan signed with ADB
The Government of India has signed a USD 250 million loan with the Asian Development Bank (ADB) for expanding the energy efficiency investments in the country. The loan amount will be utilized by the Government of India’s, world’s largest public ..
India plans to boost clean energy sector
The Government of India is planning to integrate largest lenders to the power sector in order to help clean energy firms clear their dues. It includes Rural Electrification Corporation (REC), Power Finance Corporation (PFC) and Indian Renewable Energy Development Agency ..
Month: Current Affairs - December, 2019
Public Enterprises Survey 2017-18
The Public Enterprises Survey 2017-18 was tabled in the Parliament. The Survey mapped the performance of the various central public sector units. The survey was undertaken by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises. Findings ..
Month: Current Affairs - December, 2018
CCEA approves strategic sale of Rural Electrification Corporation
Cabinet Committee on Economic Affairs (CCEA) has given its in principle approval for strategic sale of Central Government’s existing 52.63% of total paid up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC) along with transfer of ..