Oct. 27, 2009 (The Hindu Business Line) --
The funding, in the form of both equity and debt to upcoming projects during the corresponding previous period was Rs 156 crore.
With a total net worth of over Rs 600 crore, PFS has sanctioned Rs 1,530 crores since its inception to various projects for a total capacity of more than 7,000 MW, a statement from PFS said. Portfolio of investment includes power exchange, wind turbine manufacturing unit, and power projects based on coal, bio-mass, wind and solar.
Interest income for the first six months of the current fiscal was Rs 20.16 crore compared with Rs 6.63 crore in the corresponding period of 2008-09. The capital adequacy ratio for the first half of 2009-10 was 160.62 per cent compared with 98.74 per cent in year-ago period, well above the limit prescribed by the RBI, the statement said.
