About Power Finance Corporation Ltd:
PFC was set up on 16th July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors.The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956.The Corporation is registered as a Non Banking Financial Company with the Reserve Bank of India (RBI).RBI, vide its revised Certificate of Registration no. B-14.00004 dated July 28, 2010 classified the company as an Infrastructure Finance Company (NBFC-ND-IFC).PFC, which has entered its Silver Jubilee Year in 2010, is a Schedule-A, Nav-Ratna CPSE (conferred by Govt. of India on 22nd June, 2007) in the Financial Service Sector, under the administrative control of the Ministry of Power.Its Registered and Corporate Offices are at New Delhi.