Archive · 22 Aug 2025
PFC Secures EUR 150M Loan from KfW for Power Projects
Imagine a company that helps provide electricity in India, called PFC.
They got a loan of 150 million Euros from a German bank called KfW.
This money will be used to upgrade how electricity is distributed across India.
This is part of a bigger plan by the Indian government to make sure everyone gets reliable and affordable power.
The plan, called RDSS, started in 2021 and has a big budget to improve how electricity companies work.
PFC and KfW have worked together before, and this new loan continues their partnership to make energy better in India.
PFC signed a EUR 150 million loan agreement with German lender KfW.
The loan funds projects under the Indian government's Revamped Distribution Sector Scheme (RDSS).
RDSS aims to improve the operational and financial efficiency of power distribution companies.
The scheme has an outlay of Rs 3,03,758 crore and was launched in 2021.
The agreement continues a long-standing partnership between India and Germany in the energy sector.
- Who
- PFC and KfW signed the loan agreement.
- What
- PFC signed a EUR 150 million loan agreement with KfW.
- When
- The date of the signing is not explicitly mentioned in the article.
- Where
- The loan is for projects in India.
- Why
- To fund projects under the Indian government's RDSS to improve power distribution.
- Amount of Loan
- EUR 150 million
- Lender
- KfW
- Borrower
- PFC
- Scheme Funded
- Revamped Distribution Sector Scheme (RDSS)
- RDSS Outlay
- Rs 3,03,758 crore
- RDSS Launch Year
- 2021