Selection for the post of Chairman and Managing Director, Power Finance Corporation Ltd(PFC), a schedule ‘A’ CPSE. For more information please see below link:
Ajay Tewari Has Joined As Government Nominee Director On The Board Of Power Finance Corporation Limited: PFC – EQ Mag Pro
Ajay Tewari Has Joined As Government Nominee Director On The Board Of Power Finance Corporation Limited: PFC. For more information please see below link:
Discoms’ outstanding dues to gencos rise 17.3 pc to Rs 1,23,244 cr in April – EQ Mag Pro
Total outstanding dues owed by electricity distribution companies (discoms) to power producers increased by 17.3 per cent year-on-year to Rs 1,23,244 crore in April 2022, as per official data. Discoms owed a total of Rs 1,05,029 crore to power generation firms in April 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement […]
PFC board okays borrowings of Rs 82,000 cr in 2022-23 – EQ Mag Pro
New Delhi : The board of state-run Power Finance Corporation on Monday approved a proposal for borrowing Rs 82,000 crore in 2022-23. The board in its meeting held on February 28, 2022, approved borrowings of Rs 82,000 crore in 2022-23 through bonds, foreign currency borrowings, debentures, commercial papers among others, a BSE filing stated. Source […]
PFC net profit rises nearly 24% to Rs 4,893 crore in December quarter – EQ Mag Pro
The total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period. Power Finance Corporation (PFC) on Friday posted a nearly 24 per cent rise in its consolidated net profit to Rs 4,893.91 crore for the December quarter, mainly due to higher revenue. The company had […]
PFC net profit rises nearly 24% to Rs 4,893 crore in December quarter – EQ Mag Pro
The total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period. Power Finance Corporation (PFC) on Friday posted a nearly 24 per cent rise in its consolidated net profit to Rs 4,893.91 crore for the December quarter, mainly due to higher revenue. The company had […]
PFC bestowed with the prestigious “ICAI Award for Excellence in Financial Reporting” – EQ Mag Pro
PFC bestowed with the prestigious “ICAI Award for Excellence in Financial Reporting” New Delhi: Power Finance Corporation Ltd. (PFC) a Maharatna CPSE and country’s leading NBFC in the power sector, has won the prestigious ICAI (Institute of Chartered Accountants of India) Silver award for excellence in financial reporting for the financial year 2020-21 in ‘Public […]
Govt approved 112 crore outlay for R&D schemes in power sector – EQ Mag Pro
Transmission and Distribution losses are the losses incurred in Electrical networks due to reasons including heat losses and billing inefficiencies. Transmission and Distribution losses are the losses incurred in Electrical networks due to reasons including heat losses and billing inefficiencies. The cost of power generation depends on various factors including the type of Generation, Capital […]
Incorporation Of A Wholly Owned Subsidiary Of PFC Consulting Limited (A Wholly Owned Subsidiary Of Power Finance Corporation Limited) – EQ Mag Pro
Incorporation Of A Wholly Owned Subsidiary Of PFC Consulting Limited (A Wholly Owned Subsidiary Of Power Finance Corporation Limited). For more information please see below link:
Appointment of Smt. Parminder Chopra, Director (Finance), PFC as a Director on the Board of REC, in place of Shri Praveen Kumar Singh – EQ Mag Pro
Appointment of Smt. Parminder Chopra, Director (Finance), PFC as a Director on the Board of REC, in place of Shri Praveen Kumar Singh. For more information please see below link: