PTC India Financial Services’ (PFS) board has cleared for disbursement of loans of Rs 485 crore to borrowers for solid waste management project, drinking water supply project and state owned transmission company with an objective to establish PFS as a sustainable financing institution. The company is continuously looking to diversify its portfolio by financing other clean and sustainable initiatives and expecting disbursement of Rs 425 crore from current clearance in a month time.
Recently PFS had also sanctioned one of the sewage treatment project under Namami Gange scheme and with this the company has forayed into sustainable financing in infrastructure domain.
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.
