Power Finance Corporation Ltd.

Power Finance Corporation (PFC) has a performance-based Memorandum of Understanding (MoU) with the Ministry of Power, detailing various targets to be achieved by it during 2020-21. As per the MoU, the company would eye an ambitious revenue target of Rs 36,000 crore along with various performance-related parameters such as operating profit as percentage of revenue from operation, PAT (profit after tax) as percentage of average net worth and non-financial parameters viz, IPDS-related parameters (Integrated Power Development Scheme).

PFC is central PSU under Ministry of Power and India's leading NBFC.