Power Finance Corp Ltd 2024 AR2
The report highlights Power Finance Corporation Limited's commitment to India's energy transition during the fiscal year 2023-24. The company achieved its highest-ever annual profit after tax of ’14,367 crore, representing a 24% increase from the previous year. As India's leading financial institution for the power sector, the company supported 50 GW of renewable energy capacity, accounting for approximately 25% of the nation's non-fossil fuel installed capacity. Additionally, the company established its first foreign subsidiary, PFC Infra Finance IFSC Limited, in GIFT City, Gujarat, to mobilize competitive international funding.
Company: Power Finance Corp Ltd
Sector: Financials
Country: India
Year: 2024
Type: AR2
Pages: 452
Power Finance Corp Ltd
Annual Report
The report highlights Power Finance Corporation Limited's commitment to India's energy transition during the fiscal year 2023-24. The company achieved its highest-ever annual profit after tax of ’14,367 crore, representing a 24% increase from the previous year. As India's leading financial institution for the power sector, the company supported 50 GW of renewable energy capacity, accounting for approximately 25% of the nation's non-fossil fuel installed capacity. Additionally, the company established its first foreign subsidiary, PFC Infra Finance IFSC Limited, in GIFT City, Gujarat, to mobilize competitive international funding.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
Jul 30, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees