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PFC logs highest ever quarterly profit of Rs 5,229 cr – EQ Mag Pro

PFC group can now lend to infrastructure and logistics sectors, implying a positive opportunity for the group to diversify its businesses Power Finance Corporation (PFC) on Thursday posted its highest ever quarterly profit after tax of Rs 5,229.33 crore for September quarter 2022-23 mainly due to higher revenues. The consolidated profit is 4 per cent […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

PFC Completes Successful Resolution of Jhabua Power Limited – EQ Mag Pro

New Delhi: Power Finance Corporation Limited has successfully resolved yet another stressed project, 600 MW Thermal Power Project of Jhabua Power Ltd. situated in Madhya Pradesh. PFC is the largest lender to the project, which also has REC, SBI, Axis Bank, Bank of India, LIC, PNB, UCO Bank and Union Bank of India among its […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

PFC Q1 Financial Results; Register’s profit of ₹2,110 crore – EQ Mag Pro

Power Finance Corporation of India reported a stand-alone profit of Rs. 2,110 crore for Q1’23. New Delhi: Power Finance Corporation of India today reported a profit in its First quarter of the financial year 2023. The company’s stand-alone profit registers a growth of Rs. 2,110 crore for Q1’23. On a consolidated basis, the PAT for […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Several interventions undertaken by Power Ministry to improve financial and operational efficiencies of DISCOMs – EQ Mag Pro

Government of India have launched the Reforms-based and Results-linked Revamped Distribution Sector Scheme with the objective of improving the quality and reliability of power supply to consumers through a financially sustainable and operationally efficient distribution Sector. The scheme has an outlay of Rs. 3,03,758 crore and estimated GBS from Central Government of Rs. 97,631 crore. […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ