New Delhi: Power Finance Corporation (PFC), a Maharatna company and a leading non-banking financial company (NBFC) in India’s power sector, was recognized by Union Minister of New and Renewable Energy (MNRE) Pralhad Joshi at RE-INVEST 2024. The accolade acknowledges PFC’s significant contributions to India’s renewable energy sector.
PFC has been instrumental in financing 68 GW of the country’s total installed renewable capacity of 200 GW, highlighting its commitment to sustainable energy solutions. As the largest financier of renewable energy projects in India, PFC’s efforts underscore its leadership and crucial role in advancing the nation’s clean energy infrastructure and shaping a greener future.