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pfc News & Updates - December 23, 2024


PFC secures JPY 25.5-billion to finance wind energy project
Power Generation   -  Aug 12,2024
Power Finance Corporation (PFC) has secured JPY 25.5 billion (Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a 300.3 MW wind energy project by Ostro Kannada Power (OKPPL) in .


PFC inks MoU with Gujarat govt for power projects worth Rs 25,000 crore
Power Generation   -  Jan 03,2024
Power Finance Corporation Ltd. (PFC) signed an MoU with the Government of Gujarat to provide Rs. 25,000 Crore for comprehensive financial support to the state's power generation, transmission, an .


Adani Energy Solutions receives LoI for acquisition of Halvad Transmission
Infrastructure   -  Dec 27,2023
Adani Energy Solutions Limited (AESL) has been awarded the Letter of Intent for acquiring Halvad Transmission Ltd. from PFC Consulting Limited. The special purpose vehicle (SPV) aims to evacuate 7 GW .


NTPC REL bags contract for 900 MW Solar Project
Power Generation   -  Dec 26,2023
NTPC Renewable Energy Limited secured a 900 MW capacity contract in a solar tender facilitated by PFCCL for NTPC Ltd. The initiative, part of the Flexibility Scheme, aims to establish 1250 MW ISTS-Con .


SJVN signs Mou with PFC to get finance for projects worth Rs 1.18 lakh crore
Power Generation   -  Sep 21,2023
State-owned power producer SJVN Ltd has entered into an initial agreement with Power Finance Corporation (PFC) to secure financing worth Rs 1.18 lakh crore for various projects, primarily focused on .


Hero Future Energies inks Rs 6,200-cr MoUs for renewable energy projects
Power Generation   -  Jul 26,2023
Hero Future Energies (HFE) has signed two contracts with REC Ltd and PFC Ltd to develop green energy projects. The agreements, totaling Rs 6,200 crore, were signed during the 4th G20 Energy Transition .