PFC plans to tap overseas market
Power Finance Corp Ltd (PFC) plans to tap the overseas debt market. PFC, one of the largest lenders in the Indian power sector, plans to raise $250 million through external commercial borrowings (ECBs).
Vijay Karia, CMD, Ravin Cables
The government has unfortunately not focused on the growth of the power sector, T&D sector and has entirely ignored the electrical industry which is the key to the power sector, says Vijay Karia, CMD, Ravin Cables
Anil Sardana, Managing Director, Tata Power
Even as the country’s power sector witnesses record capacity additions at over 50 GW in the current Five Year Plan, urgent policy initiatives are needed to address some of the key issues that are hindering the growth of this sector.
PFC sanctions Rs 68k cr loans
Power Finance Corporation (PFC) will sanction loans up to Rs 68,000 crore in the next financial year.