08/11/2017
PTC India Financial Services Limited (PFS) and Department for International Development (DFID) sign Expression of Intent (EOI), Aimed to launch a Renewable Energy focussed Infrastructure-Debt Fund (R-IDF)
New Delhi, 08th November 2017: PTC India Financial Services Limited (PFS), a leading Infrastructure Finance Company and Department for International Development (DFID), Government of the United Kingdom , have signed Expression of Intent (EOI), with the aim to design, develop and launch a renewable energy focused Infrastructure-Debt Fund (R-IDF).
“We are delighted to announce our association with DFID, which is supporting the Ministry of Power, Government of India in Power Sector Reforms via its ‘Power Sector Reform’ programme. With this collaboration, we will deepen and widen competitive source of financing for viable operational infrastructure projects with quick turnaround time,” said Dr. Ashok Haldia, Managing Director and CEO, PTC India Financial Services Limited.
About PFS
PFS is a non-banking finance company promoted by PTC India Limited. PFS has been granted the status of an Infrastructure Finance Company (“IFC”) by the Reserve Bank of India. The Company offers an array of financial products to infrastructure companies in the entire energy value chain. PFS also provides fee based services such as loan syndication, underwriting, capacity building, bid advisory etc.
For more updates and information on the Company, please log on to www.ptcfinancial.com