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PFC SETS UP SPVS

Newsmantra — Wed, 15 Apr 2026 09:58:26 +0000

NEW DELHI: Power Finance Corporation (PFC) has established four wholly-owned subsidiaries through PFC Consulting Limited as Special Purpose Vehicles (SPVs) to develop transmission systems for upcoming projects in Rajasthan and Karnataka. The move is aimed at facilitating project development ahead of tariff-based competitive bidding, with the SPVs handling preliminary work before transfer to selected developers, strengthening PFC Consulting’s role as bid process coordinator.

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PFC hosts GoM meet on DISCOM viability

Newsmantra — Wed, 25 Mar 2026 07:44:22 +0000

NEW DELHI. Power Finance Corporation (PFC) organised the 6th Meeting of the Group of Ministers on DISCOM viability on the sidelines of the Bharat Electricity Summit 2026. The meeting, chaired by Union Minister of State for Power and New & Renewable Energy Shripad Yesso Naik, saw participation from energy ministers of Uttar Pradesh, Madhya Pradesh and Maharashtra, along with PFC CMD Parminder Chopra, and focused on strengthening the financial and operational sustainability of DISCOMs.

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PFC Welcomes New Year 2026 with Renewed Vision and Commitment

Newsmantra — Mon, 05 Jan 2026 07:12:45 +0000

Power Finance Corporation (PFC) welcomed the New Year 2026 with a renewed sense of purpose through an inspiring address by its leadership. Smt. Parminder Chopra, Chairman and Managing Director, along with Shri Rajiv Ranjan Jha, Director (Projects), Shri Manoj Sharma, Director (Commercial), and Shri Sandeep Kumar, Director (Finance), addressed employees and outlined the organisation’s vision and priorities for the year ahead. The leadership encouraged employees to move forward with confidence, unity, and commitment. Extending New Year greetings, the CMD wished the PFC family new beginnings, renewed hope, and greater achievements, reaffirming PFC’s role in powering India’s growth story.

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