Power Finance Corp to sanction ₹55k cr loans in FY17
State-run Power Finance Corporation (PFC) is looking to sanction loans worth ₹55,000 crore in the ongoing fiscal with an aim to earn 14.5% return on net worth, as per a performance agreement with the Power Ministry. The agreement was signed on Thursday by Power Secretary PK Pujari and PFC Chairman and Managing Director MK Goel.