Power Finance Corporation Ltd.

Power Finance Corporation (PFC) has reduced the interest rates payable on all types of loans by 25 basis points (bps).  This includes rupee loans, schemes, products for all categories, private sector borrowers.

Besides, for the renewable energy projects, the public sector lender has reduced its interest rates payable by 50 bps for all categories. The revised rates shall be applicable on all disbursements and resets made or to be made on or after February 01, 2013.

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.