Power Finance Co Ltd 2019 Annual Report with Sustainability Disclosures
Company: Power Finance Co Ltd
Sector: Finance & insurance
Country: India
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 356
The report describes the company's acquisition of a controlling 52.63% stake in REC, creating a larger consolidated power-sector financing group. Consolidated revenue from operations reached ` 54,113.94 crore in FY 2018-19, while the report presents performance through an Integrated Reporting six-capitals framework. Group CSR spending was ` 206.32 crore, directed toward sanitation, skills, environmental sustainability, sports and other initiatives.
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