Power Finance Corporation: Navigating Growth and Sustainability in the Energy Sector


Mumbai, India – February, 11 – Power Finance Corporation (PFC), a leading Indian infrastructure finance company, continues to navigate a dynamic energy landscape with a focus on growth and sustainability. Recent developments and key performance indicators paint a picture of a company positioned for continued success.

Financial Strength and Growth:

  • Strong Q3 Results: PFC reported a net profit of ₹4,727 crore for the third quarter of FY 2023-24, a 20% increase year-on-year, showcasing robust financial performance.
  • Interim Dividend: The company declared a second interim dividend of ₹3.50 per equity share, demonstrating its commitment to shareholder value.
  • Strategic Partnerships: PFC actively collaborates with various stakeholders, including the Indian government, to accelerate infrastructure development. Recent examples include agreements with CG Power for a new semiconductor facility and the Odisha government for a thermal power project.

Sustainability Focus:

  • Green Financing: PFC plays a crucial role in financing renewable energy projects, contributing to India’s clean energy transition. In April 2023, it approved a ₹633 crore funding facility for electric vehicle infrastructure in Delhi.
  • Collaboration with IISc: PFC partnered with the Indian Institute of Science to establish a new energy research building, signifying its commitment to innovation and sustainability research.

Challenges and Opportunities:

  • Economic Headwinds: Global economic uncertainties and fluctuations in interest rates pose potential challenges for infrastructure financing.
  • Renewable Energy Transition: PFC needs to adapt its strategies to align with the rapidly evolving renewable energy landscape.


With its strong financial performance, strategic partnerships, and increasing focus on sustainability, Power Finance Corporation is well-positioned to capitalize on opportunities in the growing Indian energy sector. The company’s ability to navigate headwinds and adapt to the changing environment will be key to its future success.

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