Power Finance Corporation Limited (PFC.BO)

473.35 +5.30 (+1.13%) At close: 03:41PM IST

Power Finance Corporation Limited

Urjanidhi
1, Barakhamba Lane Connaught Place
New Delhi 110001
India
91 11 2345 6740
https://www.pfcindia.com

Sector(s): Financial Services
Industry: Credit Services
Full Time Employees: 545

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Parminder Chopra	Chairman & MD	10.18M	N/A	1967
Mr. Rajiv Ranjan Jha	Director of Projects & Executive Director	10.39M	N/A	1966
Mr. Manoj Sharma	Director of Commercial & Director	9.62M	N/A	1966
Mr. Sandeep Kumar	CFO & Executive Director	N/A	N/A	1966
S. S. Rao	Head of The Public Relations Department	N/A	N/A	N/A
Ms. Simmi R. Nakra	Chief Vigilance Officer	N/A	N/A	N/A
Ms. Ankit Bansal	GM & Chief Risk Officer	N/A	N/A	N/A
Mr. Manish Kumar Agarwal	GM, Company Secretary & Compliance Officer	N/A	N/A	N/A

Amounts are as of December 31, 2024 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Power Finance Corporation Limited, a non-banking finance company, engages in the provision of financial products and related advisory, and other services to the power, logistics, and infrastructure sectors in India. The company offers fund-based financial policies/products, including project term and corporate loans, debt refinancing, lease financing for the purchase of equipment and for wind power projects, line of credit for import of coal, credit facility for the purchase of power through power exchanges, short/medium-term loans, buyer's line of credit, debt underwriting, financial assistance, and grants. It also provides non-fund-based products, such as guarantee for performance of contract/obligations in power purchase agreements and letter of comfort; policy for guarantee for credit enhancement; non-fund-based consultancy services; transaction advisory services; project development and management; and strategy, regulatory, tariff support, fund mobilization, and other services for power sector. The company was incorporated in 1986 and is headquartered in New Delhi, India.

Corporate Governance

Power Finance Corporation Limited’s ISS Governance QualityScore as of October 1, 2024 is 5. The pillar scores are Audit: 8; Board: 6; Shareholder Rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.