In a significant milestone, Power Finance Corporation (PFC), a Maharatna Company and India’s leading power sector NBFC, has been felicitated by Shri Pralhad Joshi, Hon’ble Union Minister of New and Renewable Energy (MNRE), for its trailblazing contributions to India’s renewable energy sector at RE-INVEST 2024.
As the largest financier of renewable energy projects in India, PFC has been instrumental in driving the country’s sustainable energy agenda, providing critical financial support to 68 GW of the total 200 GW installed renewable capacity. This achievement underscores PFC’s unwavering commitment to green energy infrastructure development, positioning it as a leader in India’s clean energy transition.
With its sights set on advancing India’s renewable energy goals, PFC is poised to play a vital role in shaping the country’s energy future. As the nation strives to achieve its ambitious target of 500 GW of installed renewable capacity by 2030, PFC’s expertise and financial acumen will be crucial in powering this transformation.
