Power Finance Corporation
| Company type | Public |
|---|---|
| NSE: PFC BSE: 532810 | |
| Industry | Financial services |
| Genre | Financial Services |
| Founded | July 1986 |
| Headquarters | , India |
Area served | India |
Key people | Parminder Chopra (Chairman & MD) |
| Products | Rupee Term Loan, Foreign Currency Loan, Short Term Loan |
| Services | Financial Consulting, Financial Products, Investment Banking, Loan Management, Linkage Management |
| Revenue | ₹107,000 crore (US$13 billion) (2025) |
| ₹33,588 crore (US$4.0 billion) (2024) | |
| ₹30,514 crore (US$3.6 billion) (2025) | |
| Total assets | ₹1,038,877 crore (US$120 billion) (2024) |
| Total equity | ₹134,288 crore (US$16 billion) (2024) |
| Owner | Government of India |
Number of employees | 550 (2024) |
| Subsidiaries | Rural Electrification Corporation Limited |
| Website | pfcindia.com |
Power Finance Corporation Ltd. (PFC) is an Indian public sector company engaged in infrastructure finance activities. Established in 1986, it provides financing for the Indian power sector and is under the administrative control of the Ministry of Power, Government of India. PFC was classified as a 'Maharatna' enterprise on 12 October 2021.
Initially wholly owned by the Government of India, the company issued an IPO in January 2007. The issue was oversubscribed by over 76 times, which is one of the largest for an IPO of any Indian CPSU. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It is also an ISO 9001:2000 certified company and enjoys the status of Maharatna PSU in India. On 6 December 2018, the Government of India approved PFC's takeover of REC. The acquisition transaction was completed on 28 March 2019 with PFC paying almost Rs. 145 million to the government of India for the 52.63% stake.