Investing in India's Power Finance Corporation: A Comprehensive Guide
Power Finance Corporation (PFC) is a financial institution under the ownership of the Government of India’s Ministry of Power, with the main goal of providing financial support to the Indian power sector. PFC is responsible for assisting in the financing of generation, transmission, and distribution projects of electricity.
PFC plays a crucial role in the development of India’s power sector by providing long-term loans to power projects, facilitating the growth and expansion of power generation, transmission, and distribution networks across the country. It has also been instrumental in promoting the adoption of renewable energy sources and the development of smart grid technologies.