State-owned Power Finance Corporation (PFC) has approved loans worth Rs 15,000 crore for various projects, including funding for airport projects. PFC also sanctioned its first financing for a greenfield airport project in Andhra Pradesh. The company's board of directors discussed its diversification strategy, exploring new market segments, renewable energy funding, and improving asset quality. PFC is involved in financing India's energy transition goals and implementing key government initiatives in the power sector.
from Banking/Finance-Industry-Economic Times https://ift.tt/84qIs0y
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