Power Finance Corp Ltd - Company Profile
Powered by 
All the sales intelligence you need on Power Finance Corp Ltd in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Power Finance Corp Ltd fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Power Finance Corp Ltd.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Power Finance Corp Ltd (PFC) is a government-owned non-banking financial company under the Ministry of Power in India. The company primarily engages in providing financing solutions for the power sector, including generation, transmission, and distribution projects. PFC's major services include rupee term loans, short-term funding, lease financing, and transitional support. It serves as the nodal agency for government programs like the Revamped Distribution Sector Scheme and Ultra Mega Power Projects. PFC's clients include central and state utilities, power equipment manufacturers, government departments, and large infrastructure developers. The company operates across various sectors, including e-mobility, charging infrastructure, roads, ports, metro rail, and smart cities. PFC's operations are focused on the Indian market, supporting both established and emerging technologies in the energy and infrastructure sectors. PFC is headquartered in New Delhi, India.
Power Finance Corp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Loans: | Takeout Financing | PFC |
| Bridge | Asset Acquisition | |
| Buyer's Line of Credit | Credit Facility for Purchase of Power through Power Exchange | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, the company acquired a 52.63% government stake in REC Limited. |
| 2025 | Contracts/Agreements | In August, the company signed a loan agreement with KfW to enhance the power distribution industry in India. |
| 2025 | Contracts/Agreements | In April, the company signed a memorandum of understanding with Mumbai Metropolitan Region Development Authority to offer INR1 Lakh Crore in financial support for infrastructure initiatives within the Mumbai Metropolitan Region. |
Competitor Comparison
| Key Parameters | Power Finance Corp Ltd | ICICI Bank Ltd | IFCI Ltd | SREI Infrastructure Finance Ltd | PTC India Financial Services Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Mumbai | New Delhi | Kolkata | New Delhi |
| State/Province | Delhi | Maharashtra | Delhi | West Bengal | Delhi |
| No. of Employees | 540 | 129,177 | 117 | 2,198 | 43 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rajesh Kumar Agarwal | Director - Finance; Chief Financial Officer | Executive Board | 2026 | - |
| Parminder Chopra | Managing Director; Chairwoman | Executive Board | 2023 | 59 |
| Rajiv Ranjan Jha | Director; Director - Projects | Executive Board | 2021 | 60 |
| V. Packirisamy | Director - Commercial | Executive Board | 2026 | - |
| Deepak Jain | Director | Executive Board | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer