Last Updated: Tuesday, August 12, 2014, 10:57
At present, the Ministry of Power awards ultra mega power projects (UMPPs) of 4,000 MW capacity each through international competitive bidding process.
Last Updated: Friday, June 20, 2014, 14:08
Shareholders have voted in favour of the fund raising plan along with proposal to enhance the borrowing power of the company.
Last Updated: Wednesday, October 16, 2013, 12:16
The government has withdrawn the the tender inviting preliminary bids for the proposed 4,000 MW ultra mega power project at Surguja in Chhattisgarh.
Last Updated: Friday, June 14, 2013, 19:11
The state-owned entity, that primarily lends to the power sector, is looking to buy stake in a public sector bank. The proposal has already been send to the Power Ministry.
Last Updated: Tuesday, February 19, 2013, 19:07
The issue, which started on Monday, has an option to retain over-subscription up to the residual shelf limit of Rs 3,890.25 crore.
Last Updated: Sunday, February 17, 2013, 12:09
The proposed issue is part of its plan to garner Rs 5,000 crore by way of issuing tax-free securities in the current fiscal (2012-13). Out of the total target, Rs 1,110 crore has already been raised.
Last Updated: Monday, January 14, 2013, 14:32
PFC Green Energy Ltd, the wholly-owned subsidiary of state-owned Power Finance Corporation, was constituted mainly to fund renewable power projects.
Last Updated: Thursday, December 13, 2012, 23:03
"The tax-free bond issue to raise close to Rs 4,590 crore will open on December 14 and close on December 21," the company said in a statement here.
Last Updated: Wednesday, December 12, 2012, 21:45
State-run lending agency Power Finance Corp Wednesday said it will launch tax free bond issue to garner up to Rs Rs 4,590 crore from Friday.
Last Updated: Friday, May 25, 2012, 13:49
The Ronald Reagan Presidential Foundation had expressed outrage over the auction, in which bidding had reached over USD 30,000.
Last Updated: Tuesday, May 22, 2012, 14:27
State-run Power Finance Corporation (PFC) on Tuesday reported a near 16 percent increase in net profit at Rs 3,032 crore for the financial year ended March 31, 2012.
Last Updated: Thursday, March 22, 2012, 14:27
State-run National Buildings Construction Corporation's initial public offer was subscribed 19 percent on the first day of the issue Thursday.
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