Power Finance Corporation Ltd. is a leading financial service company that caters primarily to the power sector in India. As a non-banking financial corporation, its primary function is to provide fun... Power Finance Corporation Ltd. is a leading financial service company that caters primarily to the power sector in India. As a non-banking financial corporation, its primary function is to provide fund and non-fund based financial assistance to power sector projects across the country. Established in 1986, the corporation plays a pivotal role in the financial backbone of India's energy infrastructure, supporting generation, transmission, and distribution initiatives.
Power Finance Corporation Ltd. offers a broad array of financial products, including project term loans, lease financing, and consultancy services. Its influence extends across various segments of the energy sector, impacting thermal, hydro, and renewable energy projects. In doing so, it significantly contributes to the enhancement of India's power generation capacity and aids in achieving national energy security goals.
Given its strategic importance to the power infrastructure in India, Power Finance Corporation Ltd. operates under the administrative control of the Ministry of Power, ensuring alignment with governmental policies on energy development and sustainability.