+
PFC Sanctions Rs.107.63 billion for Power Infrastructure Projects
POWER & RENEWABLE ENERGY

PFC Sanctions Rs.107.63 billion for Power Infrastructure Projects

Power Finance Corporation (PFC), a prestigious Maharatna Central Public Sector Enterprise (CPSE), has sanctioned a substantial Rs.107.63 billion for critical power infrastructure projects. This financial support underscores PFC's commitment to advancing key initiatives in power generation, transmission, and distribution, contributing to the overall growth and reliability of India's power sector.

The sanctioned funds will play a pivotal role in financing various projects that align with the nation's energy goals. These include the development of power generation facilities, enhancing the efficiency of transmission networks, and strengthening the distribution infrastructure. PFC's strategic allocation of funds is poised to address critical aspects of the power ecosystem, ensuring a robust and sustainable energy landscape.

The investment comes at a crucial juncture as India continues to focus on expanding its power infrastructure to meet the rising energy demands of a growing economy. PFC's financial support is expected to catalyse the execution of these projects, fostering innovation and technological advancements in the power sector.

As a Maharatna CPSE, PFC remains at the forefront of facilitating the growth and modernisation of India's power industry. The sanctioned Rs.107.63 billion demonstrates PFC's proactive role in supporting transformative projects, contributing to the nation's vision of a resilient and accessible power infrastructure.

Power Finance Corporation (PFC), a prestigious Maharatna Central Public Sector Enterprise (CPSE), has sanctioned a substantial Rs.107.63 billion for critical power infrastructure projects. This financial support underscores PFC's commitment to advancing key initiatives in power generation, transmission, and distribution, contributing to the overall growth and reliability of India's power sector. The sanctioned funds will play a pivotal role in financing various projects that align with the nation's energy goals. These include the development of power generation facilities, enhancing the efficiency of transmission networks, and strengthening the distribution infrastructure. PFC's strategic allocation of funds is poised to address critical aspects of the power ecosystem, ensuring a robust and sustainable energy landscape. The investment comes at a crucial juncture as India continues to focus on expanding its power infrastructure to meet the rising energy demands of a growing economy. PFC's financial support is expected to catalyse the execution of these projects, fostering innovation and technological advancements in the power sector. As a Maharatna CPSE, PFC remains at the forefront of facilitating the growth and modernisation of India's power industry. The sanctioned Rs.107.63 billion demonstrates PFC's proactive role in supporting transformative projects, contributing to the nation's vision of a resilient and accessible power infrastructure.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?