PFC Share Price

Power Finance Corporation Limited (PFC) was incorporated in 1986 as a financial institution dedicated to the power sector. It is a Government of India undertaking under the Ministry of Power and has been accorded the status of a Maharatna CPSE. Headquartered in New Delhi, PFC is listed on both the NSE (PFC) and BSE (532810). The company’s core business is providing financial assistance to power sector projects, including generation, transmission, and distribution, as well as renewable energy and infrastructure development.

Power Finance Corporation Business Segments and Revenue Model

PFC’s operations are divided into financial products for generation, transmission, distribution, and renewable energy projects. It provides loans, debt refinancing, bridge financing, and structured financial products to state utilities, central power sector entities, and private companies. The company also raises funds through domestic and international borrowings, including bonds, term loans, and external commercial borrowings. Revenue is primarily generated through interest income on loans, fees for project appraisals and consultancy services, and returns from investments in subsidiaries and associates such as REC Limited. Its financing role makes it a critical institution in India’s power infrastructure growth.

Power Finance Corporation Key Milestones

• 1986: Incorporated as a financial institution for India’s power sector.
• 1990: Declared a public financial institution under the Companies Act.
• 1991: Obtained the license to deal in foreign exchange.
• 1998: Received Mini Ratna status.
• 2007: Conferred with Navratna status.
• 2007: Listed on NSE and BSE through a successful IPO.
• 2010s: Expanded role to include funding for renewable energy and infrastructure.
• 2019: Acquired majority stake (52.63%) in REC Limited, strengthening its position in power sector financing.
• 2021: Granted Maharatna status by the Government of India.
• 2022-2023: Recognised as India’s largest NBFC in terms of net worth and loan assets.
• 2024: Continued expansion of green financing portfolio, including renewable energy and energy transition projects.

Power Finance Corporation ESG and Sustainability

• CSR activities focus on education, healthcare, sanitation, rural development, and women empowerment.
• Strong emphasis on financing renewable energy projects, electric mobility, and energy efficiency.
• Commitment to align lending with India’s climate and energy transition goals.
• Working towards sustainable financing models to support net-zero targets and clean energy adoption.

Power Finance Corporation Awards and Recognitions

• Conferred with Maharatna CPSE status in 2021.
• Recognised among India’s top public financial institutions in terms of performance and governance.
• Awards for excellence in CSR and sustainability, especially in education and rural development.
• Honoured for contribution to renewable energy financing and infrastructure development at national forums.