Incorporated on July 16th, 1986, Power Finance Corporation Ltd. is a Schedule-A Navratna CPSE, and is a leading Non-Banking Financial Corporation in the Country. PFC's registered office is located at New Delhi and regional offices are located at Mumbai and Chennai.

PFC is under the administrative control of the Ministry of Power. PFC was conferred the title of a 'Navratna CPSE' in June,2007, and was classified as an Infrastructure Finance Company by the RBI on 28th July,2010.

PFC plays a crucial role in the rise of India as a global player. Increasingly, a country's development is gauged by measuring its energy usage. With a large fraction of our nation still, unfortunately, without any access to electricity, PFC will become an increasingly important factor in the years to come.

Our shareholders and clients place their full faith in our ability to deliver unbeatable results. Despite the hardships played by the power and financial sectors, PFC continues to maintain a healthy loan book, as well as low levels of NPAs. This is thanks to PFC's robust evaluation and appraisal processes.

Key Strengths

  • Largest NBFC by Networth (all reserves)
  • A specialized Financial Institution in Power Sector
  • A dominant player with around 20% market share
  • A lean and professionally-managed organization
  • Designated as a "Nodal Agency" for development of Integrated Power Development Scheme(IPDS), Ultra Mega Power Projects (UMPPs) and "Bid Process Coordinator" for Independent Transmission Projects (ITPs)
  • ISO 9001:2015 certified
  • A consistently profit-making and dividend-paying company
  • Strong asset quality reflected in low NPAs
  • Lowest Administrative cost in the industry
  • Consultancy & Advisory services in strategic, financial, regulatory and capacity building skills under one umbrella

Ratings

  • Rating for Long Term Borrowings
Sovereign Rating by International Rating Agencies
Moody's Baa3(Sovereign)
Standard & Poor's BBB-(Sovereign)
FITCH BBB-(Sovereign)
Highest Rating by Domestic Rating Agencies
CRISIL AAA
ICRA AAA
CARE AAA