Power Finance Corporation Ltd
Smt. Parminder Chopra, 53 years, holds a Bachelor’s degree in Commerce and is a qualified Cost Accountant and MBA. She took over the charge of Director (Finance), Power Finance Corporation Ltd. on July 1, 2020. She has more than 32 years of experience in the power sector, serving in key power sector organizations like the National Hydroelectric Power Corporation of India (NHPC) and Power Grid Corporation of India (PGCIL). She joined PFC in 2005 and was working as an Executive Director(Finance) before assuming charge as Director(Finance), PFC. She has handled a gamut of finance portfolios such as resource mobilization from domestic as well as international markets, banking & treasury, asset-liability management, stressed assets resolution, etc.
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Power Finance Corporation Ltd
Power Finance Corporation Limited is a non-banking financial company engaged in business of financing companies. The Company's principal products/services include interest on loans and income from other services. The Company's principal business is to provide financial assistance to the power sector. Its fund-based financial policies/products include takeout financing, asset acquisition, bridge loan, buyer's line of credit, credit facility for purchase of power through power exchange, financing of fuel supply projects and equipment manufacturers, lease financing for purchase of equipments, lease financing for wind power projects and line of credit for import of coal. Its non-fund based financial policies/products include guarantee, letter of comfort and policy for guarantee for credit enhancement. The Company also provides consultancy and capital advisory services. Its subsidiaries include PFC Consulting Limited, PFC Green Energy Limited and PFC Capital Advisory Services Limited.