-11.20 (-3.01%) Power Finance Corporation’s (PFC) arm - PFC Consulting (PFCCL) has entered into a Memorandum of Understanding (MoU) with Tata Power Delhi Distribution (Tata Power-DDL) for jointly exploring opportunities in electricity distribution sector in the country.
As per the MoU, the opportunities shall include various distribution projects, Network Strengthening, Electrical Mobility, Smart Grid, Smart Metering, Distributed Energy Resources, Energy storage, Trainings etc. or any other distribution scheme of Ministry of Power.
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.