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Related News for PFC

Stocks in the news: HUL, Bajaj Auto, HCL Tech, PTC India, Vedanta and PFC

update 20 Jan 07:45 AM

HUL, Asian Paints, Bajaj Finserv, Havells, Bajaj Holdings, Mphasis, Biocon, CCI, Persistent Systems, Hatsun Agro and Bank of Maharashtra are among the companies that will announce their December quarter results today.

PFC, REC may bid for stressed assets

update 20 Jan 07:03 AM

Another official said the companies are considering partnering with other central power sector entities for technical know-how to run the acquired projects.

Power Finance Corp, REC reduce lending rates by 40 bps

update 19 Jan 11:53 AM

PFC and REC Ltd have further reduced their lending rates across all types of loans by 40 Bps, a power ministry statement said.

PFC, REC reduce lending rates to boost renewable energy

update 19 Jan 11:45 AM

The reduction in rates has been possible due to lower cost of borrowings by these organisations, in the past year or so. PFC and REC are providing short-term loans at an interest rate of 6.25%.

PFC to finance 350 electric buses in Uttar Pradesh

update 15 Dec 04:44 PM

The agreement was signed with GreenCell Mobility, which is an e-mobility platform supported by Governments of India and United Kingdom to boost adoption of electric vehicles in the country, an official statement said.

Vedanta entity, Adani, Jindal Power, PFC and iLabs give EoI for KSK Mahanadi Power

update 02 Dec 11:14 PM

SBI invited bids from ARCs for its Rs 4101 crore outstanding dues to KSK Mahanadi Power by 30 December, sets a reserve price of Rs 1423 crore. The RP set deadline of 22 December for firm bids

PFC Q2 results: Net profit rises 17% to Rs 5,023 crore

update 11 Nov 05:16 PM

The total income of the company rose to Rs 19,282.60 crore in the Sepetember quarter from Rs 18,171.41 crore a year ago.

Govt accords 'Maharatna' status to Power Finance Corporation

update 12 Oct 08:11 PM

The grant of ''Maharatna'' status to PFC will impart enhanced powers to PFC's board while taking financial decisions.

Power Minister RK Singh asks PFC, REC to explore cheaper fund options

update 06 Oct 04:43 PM

The minister highlighted the government's vision to make available affordable power for all round-the-clock, according to the statement.

'Government envisions to make affordable power available round the clock'

update 06 Oct 12:56 PM

He suggested multiple measures to both the bodies in this respect like ensuring that the stressed assets are resolved at a fair value with a minimal haircut for PFC & REC keeping them in line with the national interests.