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PFC has partnered with Export Finance Australia (EFA) to secure an ECA-backed financing facility from Citi, marking EFA’s first-ever financing initiative in India.

PFC has partnered with Export Finance Australia (EFA) to secure an ECA-backed financing facility from Citi

The Loan Agreement was signed by Smt. Parminder Chopra, CMD, PFC and Mr. K Balasubramanian, MD & India CEO, Citi, in the presence of Mr. Nick McCaffrey, Australia’s Deputy High Commissioner to India.

The ceremony was also attended by Mr. Sandeep Kumar, Director (Finance), PFC, Ms. Jasneet Guram, ED (Finance), PFC, Mr. R.K. Chaturvedi, ED (Projects), PFC, and senior officials from Citi.

This milestone reflects India–Australia’s growing strategic and economic ties while advancing global clean energy cooperation.

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