Power Finance Corporation Limited

Power Finance Corporation Ltd., a Maharatna CPSE under the Ministry of Power, finances India's energy sector, ensuring growth, stability, and enhanced energy access.

About

Power Finance Corporation Ltd., a Schedule-A Maharatna Central Public Sector Enterprise, was founded on 16 July 1986. It operates as a leading Non-Ban Read more king Financial Corporation under the Ministry of Power. With a pivotal role in India's energy sector, it remains dedicated to enhancing energy access, recognising its significance as a key driver of national development.

Backed by strong shareholder and client confidence, the corporation consistently achieves outstanding performance. Despite challenges in the power and financial sectors, it maintains a robust loan portfolio with minimal non-performing assets, ensuring sustainable growth and financial stability.

Grant Value

  • 2021-22

    Grant Value
    Rs. 761,800,000
    CSR Budget
    Rs. 1,310,500,000
  • 2022-23

    Grant Value
    Rs. 722,400,000
    CSR Budget
    Rs. 1,785,800,000
  • 2023-24

    Grant Value
    Rs. 993,700,000
    CSR Budget
    Rs. 2,153,900,000

Vision & Mission

  • Vision

    To be the leading institutional partner for the power and allied
    infrastructure sectors in India and overseas across the value chain

  • Mission

    PFC would be the most preferred Financial Institution; providing affordable and competitive products
    and services with efficient and internationally integrated sourcing and servicing, partnering the reforms
    in the Indian Power Sector and enhancing value to its stakeholders; by promoting efficient investments
    in the power and allied sectors in India and abroad.

    We will achieve this being a dynamic, flexible, forward looking, trustworthy, socially responsible organisation,
    sensitive to our stakeholders' interests, profitable and sustainable at all times, with transparency and integrity in operations

Geographical Coverage

Andhra Pradesh
Tamil Nadu
Goa
Kerala
Madhya Pradesh
Dadra and Nagar Haveli
Karnataka
West Bengal
Uttarakhand
Arunachal Pradesh
Uttar Pradesh
Bihar
Delhi
Maharashtra
Rajasthan
Daman and Diu

Programs

  • Healthcare

    Description

    Power Finance Corporation Limited (PFC) has undertaken various healthcare projects to enhance medical services and infrastructure. It has funded the procurement of medical equipment for Goa Medical College & Hospital and the upgradation of healthcare services in the Netaji Subhas Chandra Bose Military Academy. Additionally, it has contributed towards strengthening healthcare delivery in government hospitals of Satna District, Madhya Pradesh. PFC has also supported the installation of RO water treatment plants in Andhra Pradesh and provided medical equipment for hospitals in Kerala. These efforts aim to improve healthcare accessibility and quality, ensuring better medical outcomes for underprivileged communities.

    Cause
    States
    Demographics
  • Education

    Description

    PFC’s CSR initiatives in education focus on enhancing academic infrastructure and skill development. It has funded the construction of a boys' hostel block at the Netaji Subhas Chandra Bose Military Academy and supported the establishment of a research undergraduate anatomy lab at IIT Madras. The corporation has also contributed to setting up AI and IoT labs in government schools and polytechnic colleges in West Bengal. Additionally, it has facilitated hostel expansion at Swami Vedanand Ved Vidyalaya in Uttarakhand. Through these initiatives, PFC aims to empower students with better educational facilities and modern learning tools.

    Cause
    States
    Demographics
  • Renewable Energy and Electrification

    Description

    PFC has played a crucial role in promoting renewable energy and electrification in rural areas. It has supported the installation of solar LED street lighting systems in various villages across Uttar Pradesh, Arunachal Pradesh, and other states. Additionally, the corporation has funded solar power plants in healthcare centres and schools to ensure sustainable energy access. By implementing these projects, PFC contributes to India's clean energy goals while improving the living conditions in remote communities.

    Cause
    States
    Demographics
  • Sanitation and Infrastructure Development

    Description

    PFC has invested in key infrastructure and sanitation projects to enhance public amenities. It has funded the development of public gardens, construction of bus stands, and beautification of historical sites. The company has also supported sanitation projects, such as installing mobile toilets and rectifying school toilets built under the Swachh Bharat initiative. Through these efforts, PFC aims to improve urban and rural infrastructure while ensuring better hygiene and public welfare.

    Cause
    States
    Demographics
  • Sports & Community Welfare

    Description

    As part of its commitment to community development, PFC has contributed to sports and welfare initiatives. It has provided sports equipment for schools and supported the procurement of ambulances for emergency healthcare services. Furthermore, it has financed fisheries community development projects and contributed to the Swachh Bharat Kosh to promote cleanliness and sanitation. These initiatives collectively aim to enhance community well-being and support holistic development.

    Cause
    States
    Demographics

Annual Reports

Leadership Team

  • Abhishek Verma LinkedIn Logo
    Officer, CSR

Location

  • Headquarters

    PFC Limited, Urjanidhi,1, Barakhamba Lane, New Delhi, Delhi

    Directions

Contact

  • Phone Number

    911123456952

Point of Contact

  • Name

    Smt. Simmi R Nakra Chief Vigilance Officer

News

News Image
Power Finance Corporation Contributes Rs 200 Crore Under CSR To PM CARES Fund
News Image
Power Finance Corporation to give ₹2.31 crore for upgrading public health infrastructure in three villages

Awards & Recognitions

1. PFC Limited was awarded National CSR Award : 2018

2. PFC has been honoured with the Corporate Social Responsibility award in the Non-Fossil Fuel business category : 2024

3. PFC receives “CSR Champion Award” at Outlook Planet Sustainability Summit & Awards : 2024

4. PFC was awarded the prestigious ‘One Decade Excellence in CSR Award’ at “Bharatiya CSR Ke Dus Saal: Agle Dus Saal Bemisaal : 2024