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PFS receives Rs115.57 crore IT refund

17 Sep 2020 Evaluate

PTC India Financial Services (PFS) has received Rs 115.57 crore from Income Tax Department as IT refund for Assessment Year (AY) 2019-20 (Financial Year 2018-19). The company may utilize the amount of refund received in financing sustainable environmental friendly infrastructure projects related to green energy, water sewage treatment plan, electric vehicle charging station etc.

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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