Power Finance Corporation Ltd
NSE: PFC BSE: 532810
₹413.80
(-1.62%)
Fri, 06 Mar 2026, 11:21 am
Market Cap1362.12B
PE Ratio5.42
Dividend3.97
Finance
Finance/Rental/Leasing
24.5KCompany History
1986
- Incorporation of our Company.
1987
- Certificate of commencement of business received.
1988
- Commencement of lending activities;
- Evolution of broad operational policies identifying priority areas for providing financial assistance;
- Formulation of short term, medium term and long-term strategies for operations.
- The registered office of our Company was shifted to Chandralok, 36, Janpath, New Delhi 110 001, India.
1989
- Provided first guarantee to Mitsui and Company, Japan for payment of principal, for Rupees equivalent to Japanese Yen 27.39 billion for supplier credit made available to Uttar Pradesh State Electricity Board for setting up of 1,000 MW Anpara B Thermal Power Project.
1990
- Declared as a public financial institution under section 4A of Companies Act.
1991
- Conferred with a license to deal in foreign exchange in the power sector.
1992
- Project on Energy Management Consultation and Training made operational with the objective to bring about improvement in the efficiency of the energy supply component of the power sector with the help of USAID.
1993
- First MoU with GoI in relation to operational targets and rated excellent on the basis of all round performance for the same.
1994
- Company declared maiden dividend to the GoI.
1996
- Started funding private power projects.
1998
- Registered as an NBFC;
- Declared a Mini Ratna (Category I);
- Promoted PTC India Limited as joint venture with NTPC Limited and Powergrid Corporation of India Limited.
1999
- Launched consultancy services in order to provide consultancy services to both state owned and private power utilities for the power and financial sectors.
2003
- Appointed by the MoP as a nodal agency to fund the India Power Fund scheme to catalyze the process of fresh equity investment in the power sector.
2004
- Project appraisal system certified as ISO 9001.
2005
- Entered into MoU with LIC and ten leading public sector banks for consortium financing of power projects.
2006
- Set up seven subsidiary companies for developing UMPPs;
- Our disbursement crossed Rs. 100,000 million.
- The registered office of our Company was shifted to Urjanidhi, 1 Barakhamba Lane, Connaught Place, New Delhi - 110 001 for ensuring administrative and operational efficiency.
2007
- Incorporation of 4 new subsidiaries 2 for developing UMPPs and 2 for developing ITPs;
- Listing of our Equity Shares on the Stock Exchanges.
- Declared as a Navratna PSU.
2008
- Appointed as nodal agency for APDRP;
- Three of our SPVs/subsidiaries namely Coastal Gujarat Power Limited for Mundra UMPP in Gujarat, Sasan Power Limited for Sasan UMPP in Madhya Pradesh and Coastal Andhra Power Limited for Krishnapatnam UMPP in Andhra Pradesh were transferred to the successful bidders;
- Launch of R-APDRP programe;
- Incorporation of a new subsidiary namely PFC Consulting Limited for undertaking consultancy assignment in the power sector.
2009
- PFCCL appointed as the bid process coordinator for ITPs;
- Jharkhand Integrated Power Limited SPV/subsidiary established for Tilaiya UMPP in Jharkhand transferred to the successful bidder;
- Our Company featured in the list of top 500 Global Financial Brands 2009.
2010
- Received ISO 9001:2008 certification;
- Registered with the RBI as an Infrastructure Finance Company.
- PFC - MOU between PFC & NPCIL
2011
- Public issue of long term infrastructure bonds.
- Empowered Group of Ministers approved for the Issue Price for PFC's FPO.
- Incorporated a wholly-owned subsidiary Company namely Power Finance Corporation Green Energy Ltd
2012
- PFC - incorporated a Special Purpose Vehicle, as a wholly-owned subsidiary Company namely Deoghar Mega Power Limited
- Power Finance Corp disburses Rs 7,400 cr loan to 5 sick Discoms
2013
- PFC - Incorporation of four Special Purpose Vehicles as wholly owned subsidiaries by PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation Limited
- Power Finance Corporation - wholly-owned subsidiary, PFC Green Energy Ltd is expected to commence its operations by the month of March.
- PFC have allotted no. of equity shares of Rs. 10/- each of the Company to the Employees upon exercise of stock options under the Companys Employee Stock Option Scheme i.e. PFC ESOP 2010 Scheme.
- PFC informed Transfer of wholly owned subsidiary of PFC Consulting Ltd.
2014
- Power Finance Co informed - Incorporation of Two wholly Owned Subsidiaries of Power Finance Corporation Ltd, Cheyyur Infra Ltd. and Odisha Infrapower Ltd.
- Power Finance Co - Transfer of wholly owned subsidiary of PFC Consulting Ltd
- Power Finance Corporation may extend a Rs 15,000-crore loan to the Andhra Pradesh government to improve power sector infrastructure facilities
- The Securities and Exchange Board of India has granted a certificate of registration as a Debenture Trustee to PFC Capital Advisory Services Limited, a wholly owned subsidiary of Power Finance Corporation Limited
2015
- PFC achieves MOU Targets of Financial Year 2014-15 for Sanctions and Disbursements
- Power Finance Corporation has incorporated Bihar Mega Power Limited as its wholly-owned subsidiary
- Power Finance Corporation Ltd has incorporated Jharkhand Infrapower Ltd as a wholly owned subsidiary of the company
2016
- Power Finance Corporation acquires 23% stake in SMHPCL
- Power Finance Corporation Ltd. has been conferred with Governance NowPSU Award 2016
- PFC received the prestigious 'Rajbhasha Kirti Pratham Puruskar' for the year 2015-16
2017
- Power Finance Corporation has declared the payment of interim dividend @ Rs. 6/- per equity share on the face value of the paid-up equity shares of Rs. 10/- each for the FY 2017-18.
2018
- Bihar Grid Company Ltd is a joint venture of Power Grid Corporation of India and Bihar State Power Holding Co Ltd.
- PFC enters Waste-to-Energ segment, lends Rs 290 cr to Bawana project.
- PFC provides additional financial aid of Rs 2.6k cr to RRVUNL.
- PFC board approves plan to join ICA to deal with stressed assets.
2019
- PFC bestowed with the prestigious ICAI Award for Excellence in Financial Reporting.
- PFC bags Industry Excellence Award
- PFC acquiring 52 pc stake in REC gets CCI's green signal.
2020
- Power Finance Corporation lists USD 750 mn MTN issue on India INX.
- PFC announces Rs 50 lakh aid to Red Cross to fight COVID-19 pandemic.
- PFC ties up with Taj to provide food to COVID-19 warriors.
- PFC commits Rs 1.23 cr for PPE Kits, ambulances to Uttarakhand.
2021
- PFC Bags SKOCH Gold Award in Best Performing PSU for Covid Activities category.
- Power Finance Co - Incorporation Of Wholly Owned Subsidiaries Of PFC Consulting Limited.
- Power Finance Co - Grant Of Maharatna Status To Power Finance Corporation Limited.
- PFC bags North India Best Employer Brand Award 2021.
- PFC bestowed with the prestigious Governance Now Award for Strategic Performance
2022
- PFC inks Agreement to provide LED Street Lighting Systems for villages in Faridabad.
- PFC signs MoA with Dr. Ram Manohar Lohia Institute of Medical sciences for providing cancer Detection and Awareness Mobile Van.
- PFC signs MoU with Mahatms Phule Renewable Energy and Information Technology Limited for funding Solar Projects in Maharashtra
- PFC bestowed with the prestigious ICAI Award for Excellence in Financial Reporting.
2023
- Company has issued Bonus Shares in the Ratio of 1:4.
2024
- PFC signs accord with Gujarat Govt for power projects worth Rs 25,000 cr.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800