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Power Finance Corporation
Power Finance Corporation Ltd. (, ) is an Indian financial institution. Established in 1986, it is the financial back bone of Indian Power Sector. Net worth of the company in the year 2007-2008 was 8688 Crore Indian Rupees.〔PFC annual report 2007-08〕 Initially wholly owned by the Govt. of India, the company issued an IPO in January, 2007. The issue was oversubscribed by over 76 times, which is the largest for an IPO of any Indian Company in recent times. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The company has been conferred with many prestigious awards, the latest of which is "KPMG-Infrastructure Today Award 2008" for its contribution in development of power sector. It is also an ISO 9001:2000 certified company〔(Chennai Online, 5 Aug, 2004 )〕 and enjoys the status of Navratna Company in India.
==Organization Structure==
The Corporation is headed by the Chairman and Managing Director; who at present is Sh. M K Goel.〔(PIB release, 1 August 2008 )〕 The company has three wings, each headed by a Functional Director namely, Commercial Division, Projects Division and Finance & Financial Operations division. The Commercial Division looks after the credit appraisal and categorization of borrower entities, power sector reforms, review & analysis. The Projects Division controls the operation in various states and project appraisal. Finance & Financial Operations Division looks after the Fund Mobilization and Disbursement. PFC is a lean organization. The number of employees during year 2013-2014 were 440.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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