Top 10 Public Sector (PSU) Companies in India 2017

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9. Power Finance Corporation

The Power Finance Corporation was setup in the year 1986, and has been a strong player in India.


Image: company website

It was made in acknowledgement of the fact there is a dire need of power infrastructure in the country and the capital needs since it is a long- term commitment. It was setup as a non-banking financial institution and registered with Reserve Bank of India.

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The institution  was committed to funding power infrastructure in the country and promote the development power and other allied sectors. The were awarded Navaratna status by Government of India in 2007. The products/services of Corporation include Project Term Loan, Short Term financial capital, Leasing, Consulting services in the fields of power generation and transmission. Some of the initiatives of PFC include Restructured Accelerated Power Development and Reform Programme, Distribution reforms, management & Upgrades, Independent Transmission Projects, mega power projects, etc.

Shri Rajeev Sharma is the current Chairman and Managing Director of Power Finance Corporation. The company is headquartered in New Delhi and for the FY 2015-16 alone they have sanctioned close to Rs 65000 crore of capital for various power infrastructure projects in the country. They are in on a number of joint ventures with National Power Exchange Limited and Energy Efficiency Services Limited.

Power Finance Corporation is ranked as nineth best PSU in India with market capitalisation of Rs. 21,054 Crores and Net income and net profits of Rs. 27,809 crores and Rs. 6,795 crores respectively.

Market Capitalisation (INR Crores): 21054.59

Net Income (INR Crores): 27809.14

Net Profit (INR Crores): 6795.53



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