Power Finance Corporation’s (PFC) wholly owned subsidiary, PFC Green Energy is planning to start operations by the end of the current financial year. PFC Green already has projects worth Rs 3,000 crore in its kitty. The company will initially start funding to small and medium size companies and gradually to finance big size renewable energy initiatives. PFC Green will also offer consultancy services and it aims to secure carbon credits.
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.
