PTC India Financial Services Limited (PFS) has informed that PFS, vide 132nd Board Meeting dated 09th March 2020, has sanctioned additional loans of Rs. 974 crores to diversified projects related to projects of different sustainable sectors viz solar, transmission and to state power utilities. PFS is expecting further business (disbursements) against these sanctions in couple of months and accordingly PFS loan book is expected to be increased by the additional disbursements.
PFS is a non-banking finance company promoted by PTC India Limited. PFS has been granted the status of an Infrastructure Finance Company (IFC) by the Reserve Bank of India. The Company offers an array of financial products to infrastructure companies in the entire energy value chain and other infrastructure industries. PFS also provides fee based services viz loan syndication and underwriting etc.
