New Delhi: Power Finance Corporation Limited (PFC) has been conferred the Gold Award in the ‘Overall Performance (NBFCs)’ category under the Infrastructure Finance class at the ASSOCHAM 21st Annual Summit & Awards on Banking & Financial Sector Lending Companies. The awards ceremony was held in Mumbai on October 16, 2026.
The recognition highlights PFC’s contribution to infrastructure financing and its significant role in supporting the development of India’s power sector. As a key financial institution in the energy sector, PFC provides financing for critical power infrastructure projects across the country.
The award also acknowledges the corporation’s performance in infrastructure finance and its contribution to strengthening the financial ecosystem that supports India’s energy development and economic growth.
PFC Recognised for Contribution to Infrastructure Financing
The Gold Award in the ‘Overall Performance (NBFCs)’ category recognises PFC’s role in financing infrastructure projects and supporting the expansion of India’s power sector.
Power infrastructure requires substantial long-term investment to support generation, transmission and distribution capacity, as well as the modernisation and expansion of the country’s energy network. Financial institutions such as PFC play an important role in mobilising funds for these projects.
The recognition highlights PFC’s contribution to:
- Financing critical power and energy infrastructure projects.
- Supporting the development and expansion of India’s power sector.
- Strengthening infrastructure financing in the non-banking financial company (NBFC) segment.
- Contributing to the country’s broader economic and energy development objectives.
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ASSOCHAM 21st Annual Summit Focuses on Banking and Financial Sector Lending
The award was presented at the ASSOCHAM 21st Annual Summit & Awards on Banking & Financial Sector Lending Companies, organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in Mumbai.
The summit brought together stakeholders from the banking and financial services sector to discuss developments in lending, financial resilience and India’s economic growth.
The event provided a platform to recognise contributions by financial institutions across key segments, including infrastructure financing, which remains essential for supporting large-scale development projects and strengthening the country’s economic infrastructure.
PFC’s Role in India’s Power Sector Development
PFC continues to play an important role in financing projects across India’s power sector. Its funding support helps address the financial requirements of energy infrastructure and contributes to the development of the country’s wider energy ecosystem.
The corporation’s work in power sector financing is significant as India continues to expand its infrastructure to meet growing energy requirements and support economic development.
The Gold Award further highlights the importance of specialised financial institutions in providing funding for infrastructure projects and supporting the long-term development of the power sector.
About Power Finance Corporation Limited (PFC)
Power Finance Corporation Limited (PFC) is a Government of India public sector undertaking under the Ministry of Power. It is a leading non-banking financial company specialising in financing the power sector. PFC provides financial support for power generation, transmission, distribution and other energy-related infrastructure projects, contributing to the development and strengthening of India’s electricity infrastructure.
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