Power Finance Corporation (PFC) has entered into Memorandum of Understanding (MoU) with Ministry of Power, Government of India detailing various targets to be achieved by the company during FY 2019-20.
The MoU contains various parameters relating to financial viz., revenue from operations, operating profit as percentage of revenue from operation.
PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.
