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PTC arm clears Rs 630 cr to 10 power projects in April-Sept
Tuesday, October 27, 2009 4:52 PM






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.





(Source: iStockAnalyst )


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