pfc
India generated around 104.83 billion units (BU) of solar power in the calendar year 2023, a 10.17% increase from 95.15 BU generated in 2022, according to the recent...
Government-owned Power Finance Corporation (PFC) recorded a net profit of ₹62.94 billion (~$758 million) during the third quarter (Q3) of the financial year (FY) of 2024,...
Mercom India conducted a series of exclusive interviews with top executives from the renewable energy sector and government agencies, bringing out their insights on the...
Government-owned Power Finance Corporation (PFC) has approved projects worth over ₹1.17 trillion (~$14.04 billion) for various state distribution companies under the...
Government-owned Power Finance Corporation (PFC) has approved projects worth over ₹1.17 trillion (~$14.04 billion) for various state distribution companies (DISCOM)...
Solar power accounted for 16.44% of the total installed power capacity and 39.4% of the total installed renewable capacity in Q3 of 2023, marginally up from 15.9% and 38....
Government-owned Power Finance Corporation (PFC) has recorded a net profit of ₹66.28 billion (~$795.5 million) during the second quarter (Q2) of the financial year (FY)...
Power Finance Corporation (PFC) has recorded a net profit of ₹59.82 billion (~$720.9 million) for the first quarter (Q1) of the financial year (FY) 2024, a...
PFC Consulting invited bids to develop an interstate transmission system to evacuate 1,500 MW of power from renewable energy projects in Maharashtra’s Solapur special...
Stricter regulations around financing, severe penalties for non-payment of dues, mandatory energy accounting, and auditing are the driving factors behind the...
India could attract massive investments to fund the ambitious renewable capacity addition currently underway to meet the 450 GW capacity target by 2030. It allows...
Power Finance Corporation has approved a loan of ₹6.33 billion (~$77 million) to Gensol Engineering for the purchase of 5,000 passenger electric vehicles (EVs) and 1,000...
Renewable energy solutions provider Vibrant Energy has secured project financing of more than ₹22 billion (~$268.7 million) from Power Finance Corporation (PFC) to...
The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...
The estimated funding requirement for renewable capacity addition in line with Draft National Electricity Plan released by Central Electricity Authority (CEA) will be...
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