Power Finance Corporation LtdBOM 532810 Stock Report

Power Finance Corp. Ltd. is a non-banking financial company, which engages in the provision of financial assistance to power sector. The company is headquartered in New Delhi, Delhi and currently employs 519 full-time employees. The company went IPO on 2007-02-21. The firm is primarily engaged in providing financial assistance to the power sector. The Company’s fund-based products include project term loans, lease financing for the purchase of equipment, short/medium-term loan to equipment manufacturers, grants/interest-free loans for studies/consultancies, corporate loan, line of credit for import of coal, buyer's line of credit, lease financing for wind power projects, debt refinancing and credit facility for the purchase of power through power exchange. Its non-fund-based products include deferred payment guarantee, letter of comfort (LoC), guarantee for the performance of contract/ obligations with regards to fuel supply agreement (FSA) and policy for a guarantee of credit enhancement. The firm offers consultancy and advisory services in financial, regulatory and capacity building. The firm's subsidiaries include REC Limited and PFC Consulting Ltd.