A Tribute to Four Decades of Excellence, Resilience and National Service in Power Financing
New Delhi, 16th July 2025 – Power Finance Corporation Limited (PFC), India’s premier power sector financial institution, celebrated its 40th Foundation Day with great enthusiasm and pride at Bharat Mandapam, New Delhi. This historic event reflects PFC’s impressive journey of four decades, key milestones and unwavering commitment towards nation building.
The Chief Guest on the occasion Shri Shripad Yesso Naik, Hon’ble Minister of State for Power and New & Renewable Energy along with Shri Pankaj Aggarwal, Secretary (Power), Government of India highlighted the significance of PFC’s contribution to India’s energy ecosystem.
The celebrations began with an inspiring inaugural address by Mrs. Parminder Chopra, Chairman and Managing Director, PFC. She highlighted the journey of the company from inception to becoming the largest NBFC in the country. He said, “This day is not just a celebration of our past but an affirmation of our future vision – where PFC continues to empower India’s energy ambitions with innovation, reliability and sustainable growth.
Also present on the dais were Shri Shashank Mishra, Director (Government Nominee), Shri Rajiv Ranjan Jha, Director (Projects), Shri Manoj Sharma, Director (Commercial), Shri Sandeep Kumar, Director (Finance), Smt. Simmi Nakra, Chief Vigilance Officer (CVO), and Independent Directors Shri Bhaskar Bhattacharya, Smt. Usha Sanjeev Nair and Shri Naresh Dhanrajbhai Kella.
The event showcased PFC’s journey through a series of engaging visuals, films and exhibitions, presenting a comprehensive overview of its role in shaping India’s power infrastructure. From financing power generation and transmission projects to supporting the country’s thrust towards renewable energy, PFC has remained a steadfast partner in India’s energy development.
Over the past four decades, PFC has been leading the way in strategic partnerships, efficient project execution and the vision of ‘Aatmanirbhar Bharat’ and has evolved into a financial powerhouse with a strong commitment to national priorities such as ‘energy transition’. Its initiatives have expanded into renewable energy, green finance, smart grids and other critical infrastructure areas.
The Foundation Day event served as both a celebration and a forward-looking pledge to continue delivering value to stakeholders and contribute to India’s long-term energy goals. The presence of employees, partners and senior dignitaries from across the country made the occasion both vibrant and memorable.
