Power Finance Corporation

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Power Finance Corporation is an Indian government owned company "dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors." The company states that it has been has been "designated as the nodal agency" by the Ministry of Power, India for the "development of Ultra Mega Power Projects (UMPPs), with a capacity of at least 3,500 MW each under Tariff based competitive bidding route."[1]

Power projects

A subsidiary of the PFC, Coastal Tamil Nadu Power Limited (CTNPL), is the special purpose company created to develop the 4000 megawatt Cheyyur Ultra Mega Power Project located at Cheyyur in Kanchipuram district of Tamil Nadu. A CTNPL document states that it is carrying out preliminary work up to the selection of a developer for the project.[2]

Contact details

Power Finance Corporation Ltd.
'Urjanidhi',
1, Barakhamba Lane, Connaught Place
New Delhi-110 001
Phone No.91-11-23456000
Website: http://www.opgpower.com/

Resources and articles

Related SourceWatch articles

References

  1. Power Finance Corporation, "About PFC", Power Finance Corporation website, accessed November 2011.
  2. WAPCOS Ltd, "Executive Summary of Rapid EIA Study for Cheyyur Ultra Mega Power Project(4000 MW)", Coastal Tamilnadu Power Limited, undated.