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PTC India Financial Services to raise Rs 4,000 crore from various investors in FY20

24 Sep 2019 Evaluate

PTC India Financial Services (PFS) is planning to raise up to Rs 4,000 crore from various investors including LIC in the ongoing financial year (FY20), and has changed its business model to generate higher profits. The company has been talking to various developmental, bilateral and multilateral funding institutions like IFC.

PTC India Financial Services is an Indian non-banking financial institution. The company makes principal investments in, and provides financing solutions for, companies with projects across the energy value chain.

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