Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory, and other services to the power sector in India. The company offers fund based financial policies/products, including guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects; debt refinancing and prepayment policy for solar wind projects; takeout financing, asset acquisition, bridge and corporate loan, buyer's line of credit, credit facility for purchase of power through power exchange, energy saving project, and project and short-term loan services; financing of fuel supply projects and equipment manufacturers; grants/interest free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; line of credit for import of coal; policy for investment in equity of power projects; guidelines for funding grid connected solar thermal private sector power generation projects; policy for underwriting of debt; refinancing of debt of commissioned projects along with additional corporate loans for new-expansion-acquisition of projects; and financial assistance to distribution franchisee. It also provides non-fund based policies/products comprising guarantees, letter of comfort, and policy for guarantee for credit enhancement. In addition, the company offers non-fund based consultancy services. Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.

Power Finance Corporation Limited

Power Finance Corporation Ltd. (PFC) is an Infrastructure Finance Company dedicated to financing the power sector. It was established by the Govt. of India in in July 1986 to provide exclusive focus for financing and development of the power sector in the country. Today, PFC is the single largest lender to the Indian power sector and supports about 23% of the country's installed power generation capacity. 
PFC, in its role as a Development Financial Institution has also been supporting State Power Utilities through a variety of capacity building measures. PFC is also the nodal agency for development of Ultra Mega Power Projects (UMPP) and Restructured Accelerated Power Development and Reforms Program (R-APDRP).

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