Corporate Action-Board approves Dividend: PFC For more information please see below link:
PFC Q1 Financial Results; Register’s profit of ₹2,110 crore – EQ Mag Pro
Power Finance Corporation of India reported a stand-alone profit of Rs. 2,110 crore for Q1’23. New Delhi: Power Finance Corporation of India today reported a profit in its First quarter of the financial year 2023. The company’s stand-alone profit registers a growth of Rs. 2,110 crore for Q1’23. On a consolidated basis, the PAT for […]
Several interventions undertaken by Power Ministry to improve financial and operational efficiencies of DISCOMs – EQ Mag Pro
Government of India have launched the Reforms-based and Results-linked Revamped Distribution Sector Scheme with the objective of improving the quality and reliability of power supply to consumers through a financially sustainable and operationally efficient distribution Sector. The scheme has an outlay of Rs. 3,03,758 crore and estimated GBS from Central Government of Rs. 97,631 crore. […]
Cessation on completion of tenure of Shri R. C. Mishra, Independent Director on the Board of Power Finance Corporation Limited – EQ Mag Pro
Cessation on completion of tenure of Shri R. C. Mishra, Independent Director on the Board of Power Finance Corporation Limited. For more information please see below link:\
Selection for the post of Chairman and Managing Director, Power Finance Corporation Ltd(PFC), a schedule ‘A’ CPSE – EQ Mag Pro
Selection for the post of Chairman and Managing Director, Power Finance Corporation Ltd(PFC), a schedule ‘A’ CPSE. For more information please see below link:
Ajay Tewari Has Joined As Government Nominee Director On The Board Of Power Finance Corporation Limited: PFC – EQ Mag Pro
Ajay Tewari Has Joined As Government Nominee Director On The Board Of Power Finance Corporation Limited: PFC. For more information please see below link:
Discoms’ outstanding dues to gencos rise 17.3 pc to Rs 1,23,244 cr in April – EQ Mag Pro
Total outstanding dues owed by electricity distribution companies (discoms) to power producers increased by 17.3 per cent year-on-year to Rs 1,23,244 crore in April 2022, as per official data. Discoms owed a total of Rs 1,05,029 crore to power generation firms in April 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement […]
PFC board okays borrowings of Rs 82,000 cr in 2022-23 – EQ Mag Pro
New Delhi : The board of state-run Power Finance Corporation on Monday approved a proposal for borrowing Rs 82,000 crore in 2022-23. The board in its meeting held on February 28, 2022, approved borrowings of Rs 82,000 crore in 2022-23 through bonds, foreign currency borrowings, debentures, commercial papers among others, a BSE filing stated. Source […]
PFC net profit rises nearly 24% to Rs 4,893 crore in December quarter – EQ Mag Pro
The total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period. Power Finance Corporation (PFC) on Friday posted a nearly 24 per cent rise in its consolidated net profit to Rs 4,893.91 crore for the December quarter, mainly due to higher revenue. The company had […]
PFC net profit rises nearly 24% to Rs 4,893 crore in December quarter – EQ Mag Pro
The total income in the quarter under review rose to Rs 19,215 crore from Rs 18,441.72 crore in the year-ago period. Power Finance Corporation (PFC) on Friday posted a nearly 24 per cent rise in its consolidated net profit to Rs 4,893.91 crore for the December quarter, mainly due to higher revenue. The company had […]