Power Finance Corporation Ltd.

The government has accorded the 'Maharatna' status to state-owned Power Finance Corporation (PFC), a move that will pave the way for the company's greater financial and operational efficiency. The grant of 'Maharatna' status to PFC will impart enhanced powers to PFC's board while taking financial decisions.

The conferment of the 'Maharatna' status is the reflection of the government's confidence on PFC's strategic role in the overall development of the power sector and an endorsement of its sterling performance. This new recognition will enable PFC to offer competitive financing for the power sector, which will go a long way in making available affordable and reliable 'Power For All 24x7’.

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