PFC to lend Rs 2.37 trillion to 20 clean energy firms

Power Finance Corporation (PFC) on Friday said it has entered into loan agreements worth more than Rs 2.37 trillion with 20 companies in the clean energy space.

“Our share of loans to renewable energy projects is going to increase. This much I can say. It (the pace of growth) will depend on the opportunities available,” PFC chairman and managing director Parminder Chopra said, adding that the current renewable energy portfolio of PFC is around 12-13%.

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