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Union Power Minister Shri Manohar Lal review PFC performance and future strategy.

Union Power Minister Shri Manohar Lal review PFC performance and future strategy.

Discussions focused on PFC’s strategic goals for FY2025, its contribution to power sector financing, and supporting capacity addition under the National Electricity Plan (NEP) 2032.

CMD ,Power Finance Corporation (PFC)  Ms Parminder Chopra apprised the Minister of its leadership role and readiness to finance renewable and non-fossil fuel-based power projects, reinforcing its commitment to India’s transition towards clean and sustainable energy. The Minister stressed on enhance monitoring of stressed assets, and adopt alternative revival strategies before resorting to the NCLT route, emphasizing the importance of learning from past cases.

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