New Delhi: Power Finance Corporation Ltd (PFC), a Maharatna Central Public Sector Undertaking, convened its 39th Annual General Meeting (AGM) today, August 28, 2025. The meeting underscored PFC’s continued dominance in the financial sector as India’s largest Non-Banking Financial Company (NBFC) group.
Consolidated Balance Sheet Crosses ₹11 Lakh Crore
Highlighting the company’s robust financial strength, CMD Parminder Chopra announced that PFC’s consolidated balance sheet has now crossed ₹11 lakh crore. This achievement further cements the PSU’s leading role in financing India’s power and infrastructure sectors.
“Our consolidated balance sheet has now surpassed ₹11 lakh crore, further bolstering our position as a dominant force in the power and infrastructure financing landscape,” said Parminder Chopra, Chairman and Managing Director of PFC.
Driving Growth in Power and Infrastructure Financing
PFC has played a crucial role in meeting India’s growing energy and infrastructure needs. By providing strategic funding support, the corporation has enabled state utilities and private players to expand capacity, modernize infrastructure, and enhance efficiency in the power sector.
The AGM also highlighted PFC’s commitment to aligning with national priorities such as renewable energy expansion, energy transition, and sustainable financing practices.
About Power Finance Corporation Ltd
Power Finance Corporation Ltd, incorporated in 1986, is a Maharatna CPSE under the Ministry of Power and India’s leading NBFC in infrastructure financing. With a consolidated balance sheet exceeding ₹11 lakh crore, PFC provides financial support for generation, transmission, distribution, and renewable energy projects. The company continues to play a vital role in strengthening India’s energy security and advancing its transition toward sustainable power solutions.
