Tuesday, Jan 31, 2023

Power Finance Corporation


PFC stake sale: Government nets Rs 1,600 crore

July 28, 2015 1:26 am

Non-retail portion was oversubscribed 1.8 times . Retail portion was oversubscribed 4.5 times with bids for 5.92 crore shares as against 1.32 crore shares reserved for them.

Govt to sell 5% stake in PFC on July 27

July 25, 2015 3:31 am

At present, the government holds 72.80 per cent equity in PFC. Post disinvestment, its stake will reduce to 67.8 per cent.

‘Will bring top talent, give room to turn around energy PSUs’

September 04, 2014 12:07 pm

Goyal said a large number of appointments get stalled because of Central Vigilance Commission inquiries that carry on for long.

HSBC downgrades Indian shares to 'underweight'

September 17, 2013 1:13 am

The bank says that after the recent bounce,India looks relatively expensive and is most exposed to growth adjustments

Open more talks with villagers: Power ministry to Karnataka govt

July 16, 2013 2:47 am

Villagers near Mangalore protest against an ultra mega power project

PFC eyes bank stake

June 15, 2013 1:22 am

Power Finance Corporation (PFC),which has loan assets of over Rs 1.6 lakh crore,has said that having management control

PFC keen on setting up bank; to discuss matter soon

February 24, 2013 2:30 pm

RBI has said that the holding company shall be wholly- owned by the promoter or the promoter group.

No objection to Orissa power plant,says DRDO

September 24, 2012 2:19 am

The Defence Research and Development Organisation (DRDO) has said that it has no-objection to the construction of an ultra mega power plant (UMPP) being built by Power Finance Corporation

‘Incremental’ coal that became RPL’s bugbear

August 18, 2012 1:29 am

Actually,the third block was allotted in 2006 to Power Finance Corporation (PFC),a public sector undertaking that was appointed by the power ministry to award UMPP projects.

Undue benefits due to absence of clear rules on usage of surplus coal: CAG

August 14, 2012 1:11 am

The final audit report on ultra-mega power projects has rapped the government and the Power Finance Corporation for allowing diversion of coal by some of the private sector entities