Power Finance Corporation, a Navratna Central Public Sector Enterprise under Ministry of Power and India’s leading NBFC for the Power Sector has paid an interim dividend of Rs 1182.63 crore to Government of India for the financial year 2020-21 on March 31st, 2021 on 1,47,82,91,778 number of equity shares (56%) held by the government. Shri […]
Power Finance Corporation eyes Rs 36,000 crore revenue in 2020-21
As per the MoU, PFC would eye an ambitious revenue target of Rs 36,000 crore along with various performance-related parameters New Delhi : State-run Power Finance Corporation (PFC) has set a revenue target of Rs 36,000 crore for the current financial year. PFC has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of Power, detailing […]
Discoms to suffer Rs 30K cr revenue loss, face Rs 50K cr liquidity crunch due to lockdown: CII
According to the report, power sector, one of the essential services under the lockdown till May 3, is battling the twin issues of demand and liquidity compression New Delhi: Industry body CII on Friday said discoms are likely to suffer a net revenue loss of around Rs 30,000 crore and liquidity crunch of about Rs […]