Page 10 - Pfc News Today

Our primary focus in any case is on the power sector and energy transition. But, last year, in the second half of the financial year, we were allowed to fund the infrastructure sector with a 30% cap. Last year the total sanctions made under the infrastructure sector was Rs 15,000 crore approximately, says Parminder Chopra, director-finance.

"The collaboration will support us i pursuing exciting opportunities as we play a critical role in meeting the exponential growth of sustainable energy for India," companys CFO Parag Agrawal said in a statement.

Juniper Green Energy has an existing portfolio of about 800 MW with an under-construction capacity of 435 MW and a development pipeline of more than 3000 MW of solar, wind and hybrid projects under various stages of development

PFC became 1st member from India to join Asia Transition Finance Study Group

PFC enjoys the unique advantage of providing funds for longer tenure at competitive rates and taking larger exposures. It is looking to fund projects like offshore wind, pumped hydro storage, solar modules and cells, among others in the clean energy space

These agreements -- part of the Maharatna companys plan to position itself as the focal funding agency for energy transition -- were signed with companies in the solar, wind, green hydrogen, battery storage, and electric vehicles space as well as manufacturers of green energy equipment.

India Business News: NEW DELHI: It’s raining money at the G20 14th clean energy ministerial in Goa, with public sector lending agencies REC (Rural Electrification Corporat.

Till recently, one by one each sectoral index was touching a new high, except one which is Nifty IT index. But given the fact that after Q1 results of TCS results all the IT stocks have moved upward very sharply. Even this index might be at a new high soon, if Infy results dont hit the sector. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the al...

PFCs issue includes three tranches - three-year bonds, 10-year bonds and 15-year bonds. The portion for institutional investors makes up 10%, while that for non-institutional investors accounts for 10%. The share of HNIs is earmarked at 40% while that for retail investors is at 40%.

In FY23, the company’s consolidated revenue from operations stood at ₹77,568.30 crore against ₹76,261.66 crore a year ago, on the back of increase in interest income on loans and other operating income. Consolidated net profit was at ₹21,178.59 crore as against ₹18,768.21 crore last year.