Power Finance Corporation Ltd.

Power Finance Corporation (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC) for JPY 1.85 billion (about Rs 105 crore). The funds will be used to finance a 11.5 MW waste-to-energy project of KPC Gas Power Corporation in Karnataka. This loan agreement was signed under the long-term facility of JPY 30 billion provided by JBIC to PFC.

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