Rajesh Kumar Agarwal Assumes Charge as Director at Power Finance Corporation (PFC)

Rajesh Kumar Agarwal Assumes Charge as Director at Power Finance Corporation (PFC)

¨     Rajesh Kumar Agarwal has assumed the charge of Director at Power Finance Corporation (PFC).

¨     He possesses over 30 years of experience in the fields of power and financial services.

¨     He has spent a significant portion of his career with PFC itself.

He has worked in several key areas, such as

¨     Project Financing

¨     Credit Evaluation

¨     Loan Portfolio Management

Power Finance Corporation

¨   Power Finance Corporation is a leading Non-Banking Financial Company (NBFC) in India, focused on the power sector.

Key Functions of PFC

¨     It assists in financing power generation projects.

¨     It also provides support for transmission and distribution infrastructure.

¨     It provides financing for both thermal and renewable energy projects.

Overview

¨     PFC is a Public Sector Enterprise (NBFC) of the Government of India.

¨     It was established in 1986 under the Ministry of Power.

¨     It facilitates infrastructure financing for the Indian power sector.

¨     It was accorded 'Maharatna' status on October 12, 2021.

¨     PFC is also listed on the BSE and NSE.