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. 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 and enjoys the status of
Navratna Company in India.