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Power Finance Corporation - Wikipedia

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recognitions</span> </div> </a> <ul id="toc-Awards_&amp;_recognitions-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Notes" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Notes"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Notes</span> </div> </a> <ul id="toc-Notes-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Power Finance Corporation</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. 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<div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Indian infrastructure finance company</div> <style data-mw-deduplicate="TemplateStyles:r1251242444">.mw-parser-output .ambox{border:1px solid #a2a9b1;border-left:10px solid #36c;background-color:#fbfbfb;box-sizing:border-box}.mw-parser-output .ambox+link+.ambox,.mw-parser-output .ambox+link+style+.ambox,.mw-parser-output .ambox+link+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+style+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+link+.ambox{margin-top:-1px}html body.mediawiki .mw-parser-output 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.infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Power Finance Corporation Ltd.</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Power_Finance_Corporation_Logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f4/Power_Finance_Corporation_Logo.svg/200px-Power_Finance_Corporation_Logo.svg.png" decoding="async" width="200" height="211" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f4/Power_Finance_Corporation_Logo.svg/300px-Power_Finance_Corporation_Logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f4/Power_Finance_Corporation_Logo.svg/400px-Power_Finance_Corporation_Logo.svg.png 2x" data-file-width="400" data-file-height="422" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="/wiki/National_Stock_Exchange_of_India" title="National Stock Exchange of India">NSE</a>:&#160;<a rel="nofollow" class="external text" href="https://www.nseindia.com/get-quotes/equity?symbol=PFC">PFC</a><br /><a href="/wiki/Bombay_Stock_Exchange" title="Bombay Stock Exchange">BSE</a>:&#160;<a rel="nofollow" class="external text" href="https://www.bseindia.com/stock-share-price/x/y/532810/">532810</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Financial_service" class="mw-redirect" title="Financial service">Financial services</a></td></tr><tr><th scope="row" class="infobox-label">Genre</th><td class="infobox-data category">Financial Services</td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">July&#160;1986<span class="noprint">&#59;&#32;38&#160;years ago</span><span style="display:none">&#160;(<span class="bday dtstart published updated">1986-07</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="/wiki/New_Delhi" title="New Delhi">New Delhi</a></div>, <div class="ib-company-country country-name">India</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">India</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Parminder Chopra <span style="font-size:85%;">(<a href="/wiki/Chairman" class="mw-redirect" title="Chairman">Chairman</a> &amp; <a href="/wiki/Managing_Director" class="mw-redirect" title="Managing Director">MD</a>)</span></td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data">Rupee Term Loan, Foreign Currency Loan, Short Term Loan</td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category">Financial Consulting, Financial Products, Investment Banking, Loan Management, Linkage Management</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>91,175 crore</span> (US$11&#160;billion) (2024) <sup id="cite_ref-Balance_Sheet_2024_1-0" class="reference"><a href="#cite_note-Balance_Sheet_2024-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>33,588 crore</span> (US$4.0&#160;billion) (2024)<sup id="cite_ref-Balance_Sheet_2024_1-1" class="reference"><a href="#cite_note-Balance_Sheet_2024-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>26,461 crore</span> (US$3.2&#160;billion) (2024)<sup id="cite_ref-Balance_Sheet_2024_1-2" class="reference"><a href="#cite_note-Balance_Sheet_2024-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>1,038,877 crore</span> (US$120&#160;billion) (2024)<sup id="cite_ref-Balance_Sheet_2024_1-3" class="reference"><a href="#cite_note-Balance_Sheet_2024-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>134,288 crore</span> (US$16&#160;billion) (2024)<sup id="cite_ref-Balance_Sheet_2024_1-4" class="reference"><a href="#cite_note-Balance_Sheet_2024-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Owner</th><td class="infobox-data"><a href="/wiki/Government_of_India" title="Government of India">Government of India</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">484 (2020)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data"><a href="/wiki/REC_Limited" title="REC Limited">Rural Electrification Corporation Limited</a></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.pfcindia.com">pfcindia.com</a></span></td></tr></tbody></table> <p><b>Power Finance Corporation Ltd.</b> (<b>PFC</b>) is an Indian <a href="/wiki/Public_Sector_Undertakings_in_India" title="Public Sector Undertakings in India">public sector</a> company engaged in infrastructure finance activities. Established in 1986, it provides financing for the <a href="/wiki/Electricity_sector_in_India" title="Electricity sector in India">Indian power sector</a> and is under the admistrative control of the <a href="/wiki/Ministry_of_Power_(India)" title="Ministry of Power (India)">Ministry of Power</a>, <a href="/wiki/Government_of_India" title="Government of India">Government of India</a>.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> PFC was classified as a '<a href="/wiki/Public_Sector_Undertakings_in_India#Management_and_classification" title="Public Sector Undertakings in India">Maharatna</a>' enterprise on 12 October 2021. </p><p>Initially wholly owned by the <a href="/wiki/Government_of_India" title="Government of India">Government of India</a>, the company issued an <a href="/wiki/IPO" class="mw-redirect" title="IPO">IPO</a> in January 2007. The issue was oversubscribed by over 76 times, which is one of the largest for an IPO of any Indian CPSU.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup> PFC is listed on the <a href="/wiki/Bombay_Stock_Exchange" title="Bombay Stock Exchange">Bombay Stock Exchange</a> (BSE) and the <a href="/wiki/National_Stock_Exchange_of_India" title="National Stock Exchange of India">National Stock Exchange</a> (NSE). It is also an <a href="/wiki/ISO_9001:2000" class="mw-redirect" title="ISO 9001:2000">ISO 9001:2000</a> certified company<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> and enjoys the status of <a href="/w/index.php?title=Maharatnas&amp;action=edit&amp;redlink=1" class="new" title="Maharatnas (page does not exist)">Maharatna PSU</a> in India. On 6 December 2018, the <a href="/wiki/Government_of_India" title="Government of India">Government of India</a> approved PFC's takeover of <a href="/wiki/Rural_Electrification_Corporation" class="mw-redirect" title="Rural Electrification Corporation">REC</a>.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> The acquisition transaction was completed on 28 March 2019 with PFC paying almost Rs. 145 million to the government of India for the 52.63% stake. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Organization_structure">Organization structure</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=1" title="Edit section: Organization structure"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The corporation is headed by the chairman and managing director, who at present is <a href="/w/index.php?title=Parminder_Chopra&amp;action=edit&amp;redlink=1" class="new" title="Parminder Chopra (page does not exist)">Parminder Chopra</a>.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> The company has three wings, each headed by a Functional Director namely the Commercial Division, Projects Division and Finance Division. The Commercial Division looks after the credit appraisal and categorization of borrower entities, power sector reforms, review and analysis. The Projects Division controls the operation in various states and project appraisal. Finance Division looks after the Fund Mobilization and Disbursement. PFC is a lean organization. The number of employees as on 31 March 2023 was around 550. </p> <div class="mw-heading mw-heading2"><h2 id="Borrowings">Borrowings</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=2" title="Edit section: Borrowings"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Most of the PFC's funds are raised through rupee-denominated bonds, which have the highest credit rating in the Indian market and in international markets, rated at par with the Indian <a href="/wiki/Sovereign_rating" class="mw-redirect" title="Sovereign rating">sovereign rating</a>. It also borrows short term and long term from various banks and other financial institutions, and raised <a href="/wiki/External_commercial_borrowing" title="External commercial borrowing">external commercial borrowings</a> (ECB) through private placement in the US market. PFC is one of the institutions eligible for raising funds through capital gain tax bonds under section 54EC of the <a href="/wiki/Income_Tax_Act,_1961" class="mw-redirect" title="Income Tax Act, 1961">Income Tax Act, 1961</a>. </p><p>Over the last two-three years, PFC has focused on diversifying its borrowing portfolio by raising funds from international markets. In November 2017, PFC launched its main Green Bond issue for US$400 million, which witnessed the tightest ever spread for any Indian Issuer for its maiden 10-year issue. In the first quarter of the Financial year 2020, PFC has raised about US$1.3 billion from the international markets. Out of this US$1 billion was raised in June 2019, which was the first dual and largest USD bonds transaction for Govt owned Indian NBFC. This was also PFC's first borrowing from the international markets after the successful acquisition of REC Limited. </p><p>In 2017, PFC was granted approval by the Ministry of Finance, Govt. of India, to raise funds under section 54EC of the Income Tax Act 1961. PFC was the first company to obtain such approval post the budget announcement in February 2017. PFC has raised more 14.7 million dollars under these bonds since their launch in 2017. </p> <div class="mw-heading mw-heading2"><h2 id="Operations">Operations</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=3" title="Edit section: Operations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Since its inception, PFC has been providing financial assistance to power projects across India including generation, transmission, distribution and RM&amp;U projects. Recently, it began financing other infrastructure projects which have backward linkages to the power sector like coal mine development, fuel transportation, oil &amp; gas pipelines, etc. The borrower profile includes State Electricity Boards, State sector power utilities, Central sector power utilities and Private sector companies. PFC is also the nodal agency for the implementation of the ambitious <a href="/wiki/Ultra_Mega_Power_Plants_(India)" class="mw-redirect" title="Ultra Mega Power Plants (India)">Ultra Mega Power Plants</a> (UMPPs) and the <a rel="nofollow" class="external text" href="http://www.pfc.gov.in/Content/R_APDRP.aspx">R-APDRP</a> program<sup id="cite_ref-RAPDRP-H-01_7-0" class="reference"><a href="#cite_note-RAPDRP-H-01-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-RAPDRP-H-02_8-0" class="reference"><a href="#cite_note-RAPDRP-H-02-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> of Govt. of India. The company also has the mechanism of rating different state Power Utilities on its performance. </p> <div class="mw-heading mw-heading2"><h2 id="Subsidiary_and_Associate_Companies">Subsidiary and Associate Companies</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=4" title="Edit section: Subsidiary and Associate Companies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>PFC presently has ten subsidiaries, seven of which are SPVs (shell companies) to implement the UMPP project: </p> <ul><li>PFC Consulting Ltd. (PFCCL) is a wholly owned subsidiary handling fee based services.</li> <li>Orissa Integrated Power Limited</li> <li>Coastal Karnataka Power Limited</li> <li>Coastal Tamil Nadu Power Limited</li> <li>Coastal Maharashtra Power Limited</li> <li>Jharkhand Integrated Power Limited</li> <li>Akaltara Power Limited</li></ul> <p>After the purchase of the entire holding of the Govt. of India in <a href="/wiki/Rural_Electrification_Corporation_Limited" class="mw-redirect" title="Rural Electrification Corporation Limited">Rural Electrification Corporation Limited</a>, became a subsidiary of PFC in the fiscal year 2018-2019. </p><p>PFC is also one of the promoters in Energy Efficiency Services Limited (<a href="/wiki/EESL" class="mw-redirect" title="EESL">EESL</a>), with <a href="/wiki/NTPC_Limited" title="NTPC Limited">NTPC</a>, <a href="/wiki/Power_Grid_Corporation_of_India" title="Power Grid Corporation of India">Powergrid</a> and REC being the other promoters. <a href="/wiki/EESL" class="mw-redirect" title="EESL">EESL</a> is currently implementing of world's largest energy efficiency portfolio and has been instrumental in energy savings of more than 50 tWh/year and an estimated GHG reduction of more than 40 million tonnes of CO<sub>2</sub> per year. </p> <div class="mw-heading mw-heading2"><h2 id="Awards_&amp;_recognitions"><span id="Awards_.26_recognitions"></span>Awards &amp; recognitions</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=5" title="Edit section: Awards &amp; recognitions"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <table class="wikitable"> <tbody><tr> <td>1 </td> <td>MOU Excellence Award 2009-10 </td> <td>January 2012 </td></tr> <tr> <td>2 </td> <td>KPMG-Infrastructure Today Award 2011 </td> <td>December 2011 </td></tr> <tr> <td>3 </td> <td>Dainik Bhasker India Pride PSU Award 2011 </td> <td>October 2011 </td></tr> <tr> <td>4 </td> <td>SCOPE Commendation Certificate 2009-10 </td> <td>April 2011 </td></tr> <tr> <td>5 </td> <td>Global HR Excellence Awards 2011 </td> <td>February 2011 </td></tr> <tr> <td>6 </td> <td>KPMG-Infrastructure Today Award 2008 </td> <td>December 2008 </td></tr> <tr> <td>7 </td> <td>India Power Award 2008 </td> <td>November 2008 </td></tr> <tr> <td>8 </td> <td>Golden Peacock Award 2007 </td> <td>September 2007 </td></tr> <tr> <td>9 </td> <td><a href="/wiki/Navratnas" class="mw-redirect" title="Navratnas">Navratna Company</a> </td> <td>June 2007 </td></tr> <tr> <td>10 </td> <td><a href="/w/index.php?title=Maharatna_Status&amp;action=edit&amp;redlink=1" class="new" title="Maharatna Status (page does not exist)">Maharatna Status</a> </td> <td>12 October 2021 </td></tr> <tr> <td>11 </td> <td><a href="/w/index.php?title=Probable_Bonus_share&amp;action=edit&amp;redlink=1" class="new" title="Probable Bonus share (page does not exist)">Probable Bonus share</a> </td> <td>March 2022 </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="Notes">Notes</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=6" title="Edit section: Notes"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-Balance_Sheet_2024-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-Balance_Sheet_2024_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Balance_Sheet_2024_1-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-Balance_Sheet_2024_1-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-Balance_Sheet_2024_1-3"><sup><i><b>d</b></i></sup></a> <a href="#cite_ref-Balance_Sheet_2024_1-4"><sup><i><b>e</b></i></sup></a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/43c8e628-972e-4087-a214-19702ab79827.pdf">"Balance Sheet 31.03.2024"</a>.</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external free" href="https://pfcindia.com/DocumentRepository/ckfinder/files/Investors/Investor_Presentations/Investor%20Presentation%20Q1%20FY%2024.pdf">https://pfcindia.com/DocumentRepository/ckfinder/files/Investors/Investor_Presentations/Investor%20Presentation%20Q1%20FY%2024.pdf</a> <sup class="noprint Inline-Template" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Bare_URLs" title="Wikipedia:Bare URLs"><span title="A full citation of this PDF document is required to prevent link rot. (August 2024)">bare URL PDF</span></a></i>&#93;</sup></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://economictimes.indiatimes.com/PFCs_IPO_over-subscribed_73_times/articleshow/1568852.cms">"PFC's IPO over-subscribed 73 times - Economic Times"</a>. Economictimes.indiatimes.com. 7 February 2007<span class="reference-accessdate">. Retrieved <span class="nowrap">29 November</span> 2012</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=PFC%27s+IPO+over-subscribed+73+times+-+Economic+Times&amp;rft.pub=Economictimes.indiatimes.com&amp;rft.date=2007-02-07&amp;rft_id=http%3A%2F%2Feconomictimes.indiatimes.com%2FPFCs_IPO_over-subscribed_73_times%2Farticleshow%2F1568852.cms&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3APower+Finance+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://archives.chennaionline.com/events/Business/2004/07power.asp">Chennai Online, 5 Aug 2004</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20091224084608/http://archives.chennaionline.com/events/Business/2004/07power.asp">Archived</a> 24 December 2009 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFSingh2018" class="citation news cs1">Singh, Sarita (6 December 2018). <a rel="nofollow" class="external text" href="https://economictimes.indiatimes.com/industry/energy/power/cabinet-approves-rec-takeover-by-power-finance-corporation/articleshow/66975840.cms">"Cabinet approves REC takeover by Power Finance Corporation"</a>. <i>The Economic Times</i><span class="reference-accessdate">. Retrieved <span class="nowrap">30 May</span> 2019</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=The+Economic+Times&amp;rft.atitle=Cabinet+approves+REC+takeover+by+Power+Finance+Corporation.&amp;rft.date=2018-12-06&amp;rft.aulast=Singh&amp;rft.aufirst=Sarita&amp;rft_id=https%3A%2F%2Feconomictimes.indiatimes.com%2Findustry%2Fenergy%2Fpower%2Fcabinet-approves-rec-takeover-by-power-finance-corporation%2Farticleshow%2F66975840.cms&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3APower+Finance+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFwww.ETEnergyworld.com" class="citation web cs1">www.ETEnergyworld.com. <a rel="nofollow" class="external text" href="https://energy.economictimes.indiatimes.com/news/power/pfc-appoints-ravindra-singh-dhillon-as-cmd-from-june-1/76137454">"PFC appoints Ravindra Singh Dhillon as CMD from June 1 - ET EnergyWorld"</a>. <i>ETEnergyworld.com</i><span class="reference-accessdate">. Retrieved <span class="nowrap">11 June</span> 2020</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=ETEnergyworld.com&amp;rft.atitle=PFC+appoints+Ravindra+Singh+Dhillon+as+CMD+from+June+1+-+ET+EnergyWorld&amp;rft.au=www.ETEnergyworld.com&amp;rft_id=https%3A%2F%2Fenergy.economictimes.indiatimes.com%2Fnews%2Fpower%2Fpfc-appoints-ravindra-singh-dhillon-as-cmd-from-june-1%2F76137454&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3APower+Finance+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-RAPDRP-H-01-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-RAPDRP-H-01_7-0">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.apdrp.gov.in/">About R-APDRP</a></span> </li> <li id="cite_note-RAPDRP-H-02-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-RAPDRP-H-02_8-0">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.pfc.gov.in/Content/R_APDRP.aspx">About R-APDRP from PFC website</a></span> </li> </ol></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Power_Finance_Corporation&amp;action=edit&amp;section=7" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="official-website"><span class="url"><a rel="nofollow" class="external text" href="http://pfc.gov.in/">Official website</a></span></span></li></ul> <div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output 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src="//upload.wikimedia.org/wikipedia/en/thumb/4/41/Flag_of_India.svg/23px-Flag_of_India.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/41/Flag_of_India.svg/35px-Flag_of_India.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/41/Flag_of_India.svg/45px-Flag_of_India.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> Energy ministries and departments of India</div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Ministry_of_Power_(India)" title="Ministry of Power (India)">Power</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Statutory bodies</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Central_Electricity_Authority_(India)" title="Central Electricity Authority (India)">Central Electricity Authority</a></li> <li><a href="/wiki/Central_Electricity_Regulatory_Commission" title="Central Electricity Regulatory Commission">Central Electricity Regulatory Commission</a></li> <li><a href="/wiki/Bureau_of_Energy_Efficiency" title="Bureau of Energy Efficiency">Bureau of Energy Efficiency</a></li> <li><a href="/wiki/Damodar_Valley_Corporation" title="Damodar Valley Corporation">Damodar Valley Corporation</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Autonomous bodies</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Central_Power_Research_Institute" title="Central Power Research Institute">Central Power Research Institute</a></li> <li><a href="/wiki/National_Power_Training_Institute" title="National Power Training Institute">National Power Training Institute</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">PSUs</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/NTPC_Limited" title="NTPC Limited">NTPC Limited</a></li> <li><a href="/wiki/NHPC_Limited" class="mw-redirect" title="NHPC Limited">NHPC Limited</a></li> <li><a href="/wiki/North_Eastern_Electric_Power_Corporation_Limited" title="North Eastern Electric Power Corporation Limited">North Eastern Electric Power Corporation Limited</a></li> <li><a class="mw-selflink selflink">Power Finance Corporation</a> <ul><li><a href="/wiki/REC_Limited" title="REC Limited">REC Limited</a></li></ul></li> <li><a href="/wiki/Power_Grid_Corporation_of_India" title="Power Grid Corporation of India">Power Grid Corporation of India</a></li> <li><a href="/wiki/THDC_India_Limited" title="THDC India Limited">THDC India Limited</a></li> <li><a href="/wiki/Power_System_Operation_Corporation" title="Power System Operation Corporation">Power System Operation Corporation</a></li></ul> </div></td></tr></tbody></table><div></div></td><td class="noviewer navbox-image" rowspan="5" style="width:1px;padding:0 0 0 2px"><div><span class="mw-default-size" typeof="mw:File"><a href="/wiki/File:Emblem_of_India.svg" class="mw-file-description" title="Emblem of India"><img alt="Emblem of India" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/47px-Emblem_of_India.svg.png" decoding="async" width="47" height="75" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/71px-Emblem_of_India.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/55/Emblem_of_India.svg/94px-Emblem_of_India.svg.png 2x" data-file-width="585" data-file-height="933" /></a></span></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Ministry_of_New_and_Renewable_Energy" title="Ministry of New and Renewable Energy">New and<br /> Renewable Energy</a></th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Solar_Energy_Corporation_of_India" title="Solar Energy Corporation of India">Solar Energy Corporation of India</a> (SECI)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Ministry_of_Coal" title="Ministry of Coal">Ministry of Coal</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Coal_India" title="Coal India">Coal India</a> <ul><li><a href="/wiki/Bharat_Coking_Coal" title="Bharat Coking Coal">Bharat Coking Coal</a></li> <li><a href="/wiki/Central_Mine_Planning_and_Design_Institute" title="Central Mine Planning and Design Institute">Central Mine Planning and Design Institute</a></li></ul></li> <li><a href="/wiki/NLC_India_Limited" title="NLC India Limited">NLC India Limited</a></li> <li><a href="/wiki/Singareni_Collieries_Company" title="Singareni Collieries Company">Singareni Collieries Company</a></li> <li><a href="/wiki/Coal_Mines_Provident_Fund_Organisation" title="Coal Mines Provident Fund Organisation">Coal Mines Provident Fund Organisation</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Ministry_of_Petroleum_and_Natural_Gas" title="Ministry of Petroleum and Natural Gas">Petroleum and<br />Natural Gas</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Academic</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Indian_Institute_of_Petroleum_and_Energy" title="Indian Institute of Petroleum and Energy">Indian Institute of Petroleum and Energy</a></li> <li><a href="/wiki/Rajiv_Gandhi_Institute_of_Petroleum_Technology" title="Rajiv Gandhi Institute of Petroleum Technology">Rajiv Gandhi Institute of Petroleum Technology</a></li> <li><a href="/wiki/Pandit_Deendayal_Energy_University" title="Pandit Deendayal Energy University">Pandit Deendayal Energy University</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Directorate_General_of_Hydrocarbons" title="Directorate General of Hydrocarbons">Directorate General of Hydrocarbons</a></li> <li><a href="/wiki/Oil_Industry_Safety_Directorate" title="Oil Industry Safety Directorate">Oil Industry Safety Directorate</a></li> <li><a href="/wiki/Petroleum_Conservation_Research_Association" title="Petroleum Conservation Research Association">Petroleum Conservation Research Association</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Operational</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Balmer_Lawrie" title="Balmer Lawrie">Balmer Lawrie</a></li> <li><a href="/wiki/Chennai_Petroleum_Corporation_Limited" class="mw-redirect" title="Chennai Petroleum Corporation Limited">Chennai Petroleum Corporation Limited</a></li> <li><a href="/wiki/Bharat_Petroleum" title="Bharat Petroleum">Bharat Petroleum</a></li> <li><a href="/wiki/Engineers_India_Limited" class="mw-redirect" title="Engineers India Limited">Engineers India Limited</a></li> <li><a href="/wiki/Gas_Authority_of_India_Limited" class="mw-redirect" title="Gas Authority of India Limited">Gas Authority of India Limited</a></li> <li><a href="/wiki/Indian_Oil_Corporation" title="Indian Oil Corporation">Indian Oil Corporation</a></li> <li><a href="/wiki/Numaligarh_Refinery_Limited" class="mw-redirect" title="Numaligarh Refinery Limited">Numaligarh Refinery Limited</a></li> <li><a href="/wiki/Oil_India" title="Oil India">Oil India Limited</a></li> <li><a href="/wiki/Oil_and_Natural_Gas_Corporation" title="Oil and Natural Gas Corporation">Oil and Natural Gas Corporation</a></li> <li><a href="/wiki/Hindustan_Petroleum" title="Hindustan Petroleum">Hindustan Petroleum</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Defunct</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Biecco_Lawrie" title="Biecco Lawrie">Biecco Lawrie</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Strategic_Petroleum_Reserve_(India)" title="Strategic Petroleum Reserve (India)">Strategic Petroleum Reserve</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Department_of_Atomic_Energy" title="Department of Atomic Energy">Department of<br />Atomic Energy</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Apex board</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Atomic_Energy_Commission_of_India" title="Atomic Energy Commission of India">Atomic Energy Commission</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Regulatory board</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Atomic_Energy_Regulatory_Board" title="Atomic Energy Regulatory Board">Atomic Energy Regulatory Board</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">R&amp;D</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bhabha_Atomic_Research_Centre" title="Bhabha Atomic Research Centre">Bhabha Atomic Research Centre</a></li> <li><a href="/wiki/Atomic_Minerals_Directorate_for_Exploration_and_Research" title="Atomic Minerals Directorate for Exploration and Research">Atomic Minerals Directorate for Exploration and Research</a></li> <li><a href="/wiki/Indira_Gandhi_Centre_for_Atomic_Research" title="Indira Gandhi Centre for Atomic Research">Indira Gandhi Centre for Atomic Research</a></li> <li><a href="/wiki/Raja_Ramanna_Centre_for_Advanced_Technology" title="Raja Ramanna Centre for Advanced Technology">Raja Ramanna Centre for Advanced Technology</a></li> <li><a href="/wiki/Variable_Energy_Cyclotron_Centre" title="Variable Energy Cyclotron Centre">Variable Energy Cyclotron Centre</a></li> <li><a href="/wiki/Global_Centre_for_Nuclear_Energy_Partnership" title="Global Centre for Nuclear Energy Partnership">Global Centre for Nuclear Energy Partnership</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">PSUs</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Electronics_Corporation_of_India" class="mw-redirect" title="Electronics Corporation of India">Electronics Corporation of India</a></li> <li><a href="/wiki/Indian_Rare_Earths_Limited" class="mw-redirect" title="Indian Rare Earths Limited">Indian Rare Earths Limited</a></li> <li><a href="/wiki/Uranium_Corporation_of_India" title="Uranium Corporation of India">Uranium Corporation of India</a></li> <li><a href="/wiki/Nuclear_Power_Corporation_of_India" title="Nuclear Power Corporation of India">Nuclear Power Corporation of India</a></li> <li><a href="/wiki/BHAVINI" title="BHAVINI">Bharatiya Nabhkiya Vidyut Nigam Limited</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Industrial</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Heavy_Water_Board" title="Heavy Water Board">Heavy Water Board</a></li> <li><a href="/wiki/Nuclear_Fuel_Complex" title="Nuclear Fuel Complex">Nuclear Fuel Complex</a></li> <li><a href="/wiki/Board_of_Radiation_and_Isotope_Technology" title="Board of Radiation and Isotope Technology">Board of Radiation and Isotope Technology</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Academic</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/National_Institute_of_Science_Education_and_Research,_Bhubaneswar" class="mw-redirect" title="National Institute of Science Education and Research, Bhubaneswar">National Institute of Science Education and Research, Bhubaneswar</a></li> <li><a href="/wiki/National_Board_for_Higher_Mathematics" title="National Board for Higher Mathematics">National Board for Higher Mathematics</a></li> <li><a href="/wiki/Atomic_Energy_Education_Society" title="Atomic Energy Education Society">Atomic Energy Education Society</a></li> <li><a href="/wiki/Tata_Memorial_Centre" title="Tata Memorial Centre">Tata Memorial Centre</a></li> <li><a href="/wiki/Centre_for_Excellence_in_Basic_Sciences" title="Centre for Excellence in Basic Sciences">Centre for Excellence in Basic Sciences</a></li> <li><a href="/wiki/Saha_Institute_of_Nuclear_Physics" title="Saha Institute of Nuclear Physics">Saha Institute of Nuclear Physics</a></li> <li><a href="/wiki/Institute_of_Physics,_Bhubaneswar" title="Institute of Physics, Bhubaneswar">Institute of Physics</a></li> <li><a href="/wiki/Harish-Chandra_Research_Institute" title="Harish-Chandra Research Institute">Harish-Chandra Research Institute</a></li> <li><a href="/wiki/Institute_of_Mathematical_Sciences,_Chennai" title="Institute of Mathematical Sciences, Chennai">Institute of Mathematical Sciences</a></li> <li><a href="/wiki/Institute_for_Plasma_Research" title="Institute for Plasma Research">Institute for Plasma Research</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Public_sector_undertakings_in_India_(List)" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Public_Sector_Undertakings_in_India" title="Template:Public Sector Undertakings in India"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Public_Sector_Undertakings_in_India" title="Template talk:Public Sector Undertakings in India"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Public_Sector_Undertakings_in_India" title="Special:EditPage/Template:Public Sector Undertakings in India"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Public_sector_undertakings_in_India_(List)" style="font-size:114%;margin:0 4em"><a href="/wiki/Public_sector_undertakings_in_India" class="mw-redirect" title="Public sector undertakings in India">Public sector undertakings in India</a> <small>(<a href="/wiki/List_of_public_sector_undertakings_in_India" title="List of public sector undertakings in India">List</a>)</small></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Maharatna</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Energy</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bharat_Petroleum" title="Bharat Petroleum">Bharat Petroleum</a></li> <li><a href="/wiki/Coal_India_Limited" class="mw-redirect" title="Coal India Limited">Coal India</a></li> <li><a href="/wiki/GAIL" title="GAIL">GAIL</a></li> <li><a href="/wiki/Hindustan_Petroleum" title="Hindustan Petroleum">Hindustan Petroleum</a></li> <li><a href="/wiki/Indian_Oil_Corporation" title="Indian Oil Corporation">Indian Oil</a></li> <li><a href="/wiki/NTPC_Limited" title="NTPC Limited">NTPC Limited</a></li> <li><a href="/wiki/Oil_and_Natural_Gas_Corporation" title="Oil and Natural Gas Corporation">ONGC</a></li> <li><a href="/wiki/Power_Grid_Corporation_of_India" title="Power Grid Corporation of India">Power Grid</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Financial services</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">Power Finance Corporation</a> <ul><li><a href="/wiki/REC_Limited" title="REC Limited">REC</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Defence</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Hindustan_Aeronautics" class="mw-redirect" title="Hindustan Aeronautics">Hindustan Aeronautics</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Engineering</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bharat_Heavy_Electricals" class="mw-redirect" title="Bharat Heavy Electricals">BHEL</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Metals</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Steel_Authority_of_India" class="mw-redirect" title="Steel Authority of India">SAIL</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Navratna</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Defence</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bharat_Electronics" title="Bharat Electronics">Bharat Electronics</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Energy &amp; metals</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/National_Aluminium_Company" title="National Aluminium Company">National Aluminium Company</a></li> <li><a href="/wiki/National_Mineral_Development_Corporation" title="National Mineral Development Corporation">National Mineral Development Corporation</a></li> <li><a href="/wiki/NLC_India_Limited" title="NLC India Limited">Neyveli Lignite Corporation</a></li> <li><a href="/wiki/Oil_India" title="Oil India">Oil India</a></li> <li><a href="/wiki/Rashtriya_Ispat_Nigam" title="Rashtriya Ispat Nigam">Rashtriya Ispat Nigam</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">EPC</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Engineers_India" title="Engineers India">Engineers India</a></li> <li><a href="/wiki/National_Buildings_Construction_Corporation" class="mw-redirect" title="National Buildings Construction Corporation">National Buildings Construction Corporation</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Logistics</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Container_Corporation_of_India" title="Container Corporation of India">Container Corporation of India</a></li> <li><a href="/wiki/Shipping_Corporation_of_India" title="Shipping Corporation of India">Shipping Corporation of India</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Telecommunications</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Mahanagar_Telephone_Nigam" class="mw-redirect" title="Mahanagar Telephone Nigam">Mahanagar Telephone Nigam</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Miniratna-I</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Energy, metals<br />&amp; mining</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bharat_Coking_Coal" title="Bharat Coking Coal">Bharat Coking Coal</a></li> <li><a href="/wiki/Balmer_Lawrie" title="Balmer Lawrie">Balmer Lawrie</a></li> <li><a href="/wiki/Central_Coalfields" title="Central Coalfields">Central Coalfields</a></li> <li><a href="/wiki/Central_Mine_Planning_and_Design_Institute" title="Central Mine Planning and Design Institute">Central Mine Planning and Design Institute</a></li> <li><a href="/wiki/Chennai_Petroleum_Corporation" title="Chennai Petroleum Corporation">Chennai Petroleum Corporation</a></li> <li><a href="/wiki/Hindustan_Copper" title="Hindustan Copper">Hindustan Copper</a></li> <li><a href="/wiki/Indian_Renewable_Energy_Development_Agency" title="Indian Renewable Energy Development Agency">Indian Renewable Energy Development Agency</a></li> <li><a href="/wiki/Indian_Rare_Earths" title="Indian Rare Earths">Indian Rare Earths</a></li> <li><a href="/wiki/Kudremukh_Iron_Ore_Company" title="Kudremukh Iron Ore Company">Kudremukh Iron Ore Company</a></li> <li><a href="/wiki/Mahanadi_Coalfields" title="Mahanadi Coalfields">Mahanadi Coalfields</a></li> <li><a href="/wiki/MOIL" title="MOIL">MOIL</a></li> <li><a href="/wiki/Mangalore_Refinery_and_Petrochemicals_Limited" title="Mangalore Refinery and Petrochemicals Limited">Mangalore Refinery and Petrochemical</a></li> <li><a href="/w/index.php?title=Mineral_Exploration_Corporation&amp;action=edit&amp;redlink=1" class="new" title="Mineral Exploration Corporation (page does not exist)">Mineral Exploration Corporation</a></li> <li><a href="/wiki/NHPC_Limited" class="mw-redirect" title="NHPC Limited">National Hydroelectric Power Corporation</a></li> <li><a href="/wiki/Northern_Coalfields" class="mw-redirect" title="Northern Coalfields">Northern Coalfields</a></li> <li><a href="/wiki/North_Eastern_Electric_Power_Corporation_Limited" title="North Eastern Electric Power Corporation Limited">North Eastern Electric Power Corporation</a></li> <li><a href="/wiki/Numaligarh_Refinery" title="Numaligarh Refinery">Numaligarh Refinery</a></li> <li><a href="/w/index.php?title=ONGC_Videsh_Limited&amp;action=edit&amp;redlink=1" class="new" title="ONGC Videsh Limited (page does not exist)">ONGC Videsh</a></li> <li><a href="/wiki/SJVN" title="SJVN">SJVN</a></li> <li><a href="/wiki/South_Eastern_Coalfields" title="South Eastern Coalfields">South Eastern Coalfields</a></li> <li><a href="/wiki/THDC_India_Limited" title="THDC India Limited">THDC</a></li> <li><a href="/wiki/Western_Coalfields" title="Western Coalfields">Western Coalfields</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Defence &amp; space</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Antrix_Corporation" title="Antrix Corporation">Antrix Corporation</a></li> <li><a href="/wiki/Bharat_Dynamics" class="mw-redirect" title="Bharat Dynamics">Bharat Dynamics</a></li> <li><a href="/wiki/Bharat_Earth_Movers" class="mw-redirect" title="Bharat Earth Movers">Bharat Earth Movers</a></li> <li><a href="/wiki/Cochin_Shipyard" title="Cochin Shipyard">Cochin Shipyard</a></li> <li><a href="/wiki/Garden_Reach_Shipbuilders_%26_Engineers" title="Garden Reach Shipbuilders &amp; Engineers">Garden Reach Shipbuilders and Engineers</a></li> <li><a href="/wiki/Goa_Shipyard" title="Goa Shipyard">Goa Shipyard</a></li> <li><a href="/wiki/Mazagon_Dock_Limited" class="mw-redirect" title="Mazagon Dock Limited">Mazagon Dock</a></li> <li><a href="/wiki/Mishra_Dhatu_Nigam" title="Mishra Dhatu Nigam">Mishra Dhatu Nigam</a></li> <li><a href="/wiki/Pawan_Hans" title="Pawan Hans">Pawan Hans</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Media &amp; telecom</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bharat_Sanchar_Nigam_Limited" title="Bharat Sanchar Nigam Limited">Bharat Sanchar Nigam</a></li> <li><a href="/wiki/Hindustan_Newsprint" title="Hindustan Newsprint">Hindustan Newsprint</a></li> <li><a href="/w/index.php?title=Hindustan_Paper_Corporation&amp;action=edit&amp;redlink=1" class="new" title="Hindustan Paper Corporation (page does not exist)">Hindustan Paper Corporation</a></li> <li><a href="/wiki/RailTel_Corporation_of_India" class="mw-redirect" title="RailTel Corporation of India">Railtel</a></li> <li><a href="/wiki/Telecommunications_Consultants_India" title="Telecommunications Consultants India">Telecommunications Consultants India</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Logistics &amp; transport</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Airports_Authority_of_India" title="Airports Authority of India">Airports Authority of India</a></li> <li><a href="/wiki/Central_Warehousing_Corporation" title="Central Warehousing Corporation">Central Warehousing Corporation</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">EPC &amp; infrastructure</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bridge_and_Roof_Company_(India)" title="Bridge and Roof Company (India)">Bridge &amp; Roof Company</a></li> <li><a href="/wiki/Housing_and_Urban_Development_Corporation" title="Housing and Urban Development Corporation">HUDCO</a></li> <li><a href="/wiki/Ircon_International" title="Ircon International">Ircon International</a></li> <li><a href="/wiki/Ennore_Port" class="mw-redirect" title="Ennore Port">Kamarajar Port</a></li> <li><a href="/w/index.php?title=National_Projects_Construction_Corporation_Limited&amp;action=edit&amp;redlink=1" class="new" title="National Projects Construction Corporation Limited (page does not exist)">National Projects Construction Corporation</a></li> <li><a href="/wiki/Projects_and_Development_India_Limited" title="Projects and Development India Limited">Projects and Development India</a></li> <li><a href="/wiki/Rail_Vikas_Nigam_Limited" class="mw-redirect" title="Rail Vikas Nigam Limited">Rail Vikas Nigam</a></li> <li><a href="/wiki/Rail_India_Technical_and_Economic_Service" title="Rail India Technical and Economic Service">RITES</a></li> <li><a href="/wiki/WAPCOS_Limited" title="WAPCOS Limited">WAPCOS</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Trading</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Cotton_Corporation_of_India" title="Cotton Corporation of India">Cotton Corporation of India</a></li> <li><a href="/wiki/India_Trade_Promotion_Organisation" title="India Trade Promotion Organisation">India Trade Promotion Organisation</a></li> <li><a href="/wiki/MMTC_Ltd" title="MMTC Ltd">Metals and Minerals Trading Corporation of India</a></li> <li><a href="/wiki/MSTC_Limited" title="MSTC Limited">MSTC</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Tourism &amp; hospitality</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=Hospital_services_Consultancy_Corporation&amp;action=edit&amp;redlink=1" class="new" title="Hospital services Consultancy Corporation (page does not exist)">HSCC (India)</a></li> <li><a href="/wiki/India_Tourism_Development_Corporation" title="India Tourism Development Corporation">India Tourism Development Corporation</a></li> <li><a href="/wiki/Indian_Railway_Catering_and_Tourism_Corporation" title="Indian Railway Catering and Tourism Corporation">IRCTC</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Agriculture</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/National_Fertilizers" title="National Fertilizers">National Fertilizers</a></li> <li><a href="/wiki/National_Seed_Corporation" title="National Seed Corporation">National Seed Corporation</a></li> <li><a href="/wiki/Rashtriya_Chemicals_%26_Fertilizers" title="Rashtriya Chemicals &amp; Fertilizers">Rashtriya Chemicals &amp; Fertilizers</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Educational_Consultants_India" class="mw-redirect" title="Educational Consultants India">Educational Consultants India</a></li> <li><a href="/wiki/HLL_Lifecare" title="HLL Lifecare">HLL Lifecare</a></li> <li><a href="/wiki/Indian_Railway_Finance_Corporation" title="Indian Railway Finance Corporation">Indian Railway Finance Corporation</a></li> <li><a href="/wiki/National_Small_Industries_Corporation" title="National Small Industries Corporation">National Small Industries Corporation</a></li> <li><a href="/wiki/Security_Printing_and_Minting_Corporation_of_India" title="Security Printing and Minting Corporation of India">Security Printing and Minting Corporation of India</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Miniratna-II</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/w/index.php?title=Artificial_Limbs_Manufacturing_Corporation_of_India&amp;action=edit&amp;redlink=1" class="new" title="Artificial Limbs Manufacturing Corporation of India (page does not exist)">Artificial Limbs Manufacturing Corporation of India</a></li> <li><a href="/wiki/Bharat_Pumps_%26_Compressors" title="Bharat Pumps &amp; Compressors">Bharat Pumps &amp; Compressors</a><sup>l</sup></li> <li>Broadcast Engineering Consultants India</li> <li><a href="/w/index.php?title=Central_Railside_Warehouse_Company&amp;action=edit&amp;redlink=1" class="new" title="Central Railside Warehouse Company (page does not exist)">Central Railside Warehouse Company</a></li> <li><a href="/w/index.php?title=Engineering_Projects_(India)_Limited&amp;action=edit&amp;redlink=1" class="new" title="Engineering Projects (India) Limited (page does not exist)">Engineering Projects (India) Limited</a></li> <li><a href="/wiki/FCI_Aravali_Gypsum_and_Minerals_(India)_Limited" title="FCI Aravali Gypsum and Minerals (India) Limited">FCI Aravali Gypsum and Minerals (India)</a></li> <li><a href="/w/index.php?title=Ferro_Scrap_Nigam&amp;action=edit&amp;redlink=1" class="new" title="Ferro Scrap Nigam (page does not exist)">Ferro Scrap Nigam</a></li> <li><a href="/wiki/HMT_Limited" title="HMT Limited">HMT Limited</a></li> <li><a href="/w/index.php?title=Indian_Medicines_and_Pharmaceuticals_Corporation&amp;action=edit&amp;redlink=1" class="new" title="Indian Medicines and Pharmaceuticals Corporation (page does not exist)">Indian Medicines and Pharmaceuticals Corporation</a></li> <li><a href="/wiki/MECON_(company)" title="MECON (company)">MECON</a></li> <li><a href="/wiki/National_Film_Development_Corporation_of_India" title="National Film Development Corporation of India">National Film Development Corporation of India</a></li> <li><a href="/w/index.php?title=Rajasthan_Electronics_and_Instruments&amp;action=edit&amp;redlink=1" class="new" title="Rajasthan Electronics and Instruments (page does not exist)">Rajasthan Electronics and Instruments</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Finance</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Public_sector_banks_in_India" title="Public sector banks in India">Banks</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bank_of_Baroda" title="Bank of Baroda">Bank of Baroda</a></li> <li><a href="/wiki/Bank_of_India" title="Bank of India">Bank of India</a></li> <li><a href="/wiki/Bank_of_Maharashtra" title="Bank of Maharashtra">Bank of Maharashtra</a></li> <li><a href="/wiki/Canara_Bank" title="Canara Bank">Canara Bank</a></li> <li><a href="/wiki/Central_Bank_of_India" title="Central Bank of India">Central Bank of India</a></li> <li><a href="/wiki/Indian_Bank" title="Indian Bank">Indian Bank</a></li> <li><a href="/wiki/Indian_Overseas_Bank" title="Indian Overseas Bank">Indian Overseas Bank</a></li> <li><a href="/wiki/Punjab_%26_Sind_Bank" title="Punjab &amp; Sind Bank">Punjab &amp; Sind Bank</a></li> <li><a href="/wiki/Punjab_National_Bank" title="Punjab National Bank">Punjab National Bank</a></li> <li><a href="/wiki/State_Bank_of_India" title="State Bank of India">State Bank of India</a></li> <li><a href="/wiki/UCO_Bank" title="UCO Bank">UCO Bank</a></li> <li><a href="/wiki/Union_Bank_of_India" title="Union Bank of India">Union Bank of India</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Insurance</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Agricultural_insurance_in_India" title="Agricultural insurance in India">Agriculture</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Agriculture_Insurance_Company_of_India" title="Agriculture Insurance Company of India">Agriculture Insurance Company of India</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/General_insurance" title="General insurance">General</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/National_Insurance_Company" title="National Insurance Company">National Insurance Company</a></li> <li><a href="/wiki/New_India_Assurance" title="New India Assurance">New India Assurance</a></li> <li><a href="/wiki/Oriental_Insurance" class="mw-redirect" title="Oriental Insurance">Oriental Insurance</a></li> <li><a href="/wiki/United_India_Insurance_Company" title="United India Insurance Company">United India Insurance Company</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Life_insurance" title="Life insurance">Life</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Life_Insurance_Corporation_of_India" class="mw-redirect" title="Life Insurance Corporation of India">Life Insurance Corporation of India</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Health_insurance" title="Health insurance">Health</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Employees%27_State_Insurance" title="Employees&#39; State Insurance">Employees' State Insurance</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Reinsurance" title="Reinsurance">Reinsurance</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/General_Insurance_Corporation_of_India" title="General Insurance Corporation of India">GIC Re</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">State govt.<br />enterprises</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Public_sector_undertakings_in_Kerala" title="Public sector undertakings in Kerala">Kerala</a></li> <li><a href="/wiki/List_of_Tamil_Nadu_governmental_organisations" class="mw-redirect" title="List of Tamil Nadu governmental organisations">Tamil Nadu</a></li> <li><a href="/wiki/Jammu_%26_Kashmir_Bank" title="Jammu &amp; Kashmir Bank">Jammu &amp; Kashmir Bank</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Advanced_Weapons_and_Equipment_India" title="Advanced Weapons and Equipment India">Advanced Weapons and Equipment India</a></li> <li><a href="/wiki/Armoured_Vehicles_Nigam_Limited" class="mw-redirect" title="Armoured Vehicles Nigam Limited">Armoured Vehicles Nigam Limited</a></li> <li><a href="/wiki/BHAVINI" title="BHAVINI">BHAVINI</a></li> <li><a href="/wiki/Cement_Corporation_of_India" title="Cement Corporation of India">Cement Corporation of India</a></li> <li><a href="/wiki/Dredging_Corporation_of_India" title="Dredging Corporation of India">Dredging Corporation of India</a></li> <li><a href="/wiki/Electronics_Corporation_of_India" class="mw-redirect" title="Electronics Corporation of India">Electronics Corporation of India</a></li> <li><a href="/wiki/Food_Corporation_of_India" title="Food Corporation of India">Food Corporation of India</a></li> <li><a href="/wiki/Gliders_India_Limited" class="mw-redirect" title="Gliders India Limited">Gliders India Limited</a></li> <li><a href="/wiki/Hindustan_Shipyard" title="Hindustan Shipyard">Hindustan Shipyard</a></li> <li><a href="/wiki/India_Optel_Limited" class="mw-redirect" title="India Optel Limited">India Optel Limited</a></li> <li><a href="/wiki/Munitions_India_Limited" class="mw-redirect" title="Munitions India Limited">Munitions India Limited</a></li> <li><a href="/wiki/Nuclear_Power_Corporation_of_India" title="Nuclear Power Corporation of India">Nuclear Power Corporation of India</a></li> <li><a href="/wiki/Troop_Comforts_Limited" class="mw-redirect" title="Troop Comforts Limited">Troop Comforts Limited</a></li> <li><a href="/wiki/Uranium_Corporation_of_India" title="Uranium Corporation of India">Uranium Corporation of India</a></li> <li><a href="/wiki/Yantra_India_Limited" class="mw-redirect" title="Yantra India Limited">Yantra India Limited</a></li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div>l - liquidated <br /> Information updated as of January, 2020 by Department of Public Enterprises • <i>See also</i> <a href="/wiki/Public_sector_banks_in_India" title="Public sector banks in India">Public sector banks in India</a></div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="23x15px&amp;#124;border_&amp;#124;alt=India&amp;#124;link=India_NIFTY_200_companies" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Nifty_200_companies" title="Template:Nifty 200 companies"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Nifty_200_companies" title="Template talk:Nifty 200 companies"><abbr title="Discuss this 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style="width:1%">NIFTY <br /> 200</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="NIFTY_100" scope="row" class="navbox-group" style="width:1%">NIFTY <br /> 100</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/NIFTY_50" title="NIFTY 50">NIFTY <br />50</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Adani_Enterprises" title="Adani Enterprises">Adani Enterprises</a></li> <li><a href="/wiki/Adani_Ports_%26_SEZ" title="Adani Ports &amp; SEZ">Adani Ports</a></li> <li><a href="/wiki/Apollo_Hospitals" title="Apollo Hospitals">Apollo Hospitals</a></li> <li><a href="/wiki/Asian_Paints" title="Asian Paints">Asian Paints</a></li> <li><a href="/wiki/Axis_Bank" title="Axis Bank">Axis Bank</a></li> <li><a href="/wiki/Bajaj_Auto" title="Bajaj Auto">Bajaj Auto</a></li> <li><a href="/wiki/Bajaj_Finance" title="Bajaj Finance">Bajaj Finance</a></li> <li><a href="/wiki/Bajaj_Finserv" title="Bajaj Finserv">Bajaj Finserv</a></li> <li><a href="/wiki/Bharat_Electronics" title="Bharat Electronics">BEL</a></li> <li><a href="/wiki/Bharat_Petroleum" title="Bharat Petroleum">Bharat Petroleum</a></li> <li><a href="/wiki/Bharti_Airtel" title="Bharti Airtel">Bharti Airtel</a></li> <li><a href="/wiki/Britannia_Industries" title="Britannia Industries">Britannia</a></li> <li><a href="/wiki/Cipla" title="Cipla">Cipla</a></li> <li><a href="/wiki/Coal_India" title="Coal India">Coal India</a></li> <li><a href="/wiki/Dr._Reddy%27s_Laboratories" title="Dr. Reddy&#39;s Laboratories">Dr. Reddy's Labs</a></li> <li><a href="/wiki/Eicher_Motors" title="Eicher Motors">Eicher</a></li> <li><a href="/wiki/Grasim_Industries" title="Grasim Industries">Grasim</a></li> <li><a href="/wiki/HCLTech" title="HCLTech">HCLTech</a></li> <li><a href="/wiki/HDFC_Bank" title="HDFC Bank">HDFC Bank</a></li> <li><a href="/wiki/HDFC_Life" title="HDFC Life">HDFC Life</a></li> <li><a href="/wiki/Hero_MotoCorp" title="Hero MotoCorp">Hero MotoCorp</a></li> <li><a href="/wiki/Hindalco_Industries" title="Hindalco Industries">Hindalco</a></li> <li><a href="/wiki/Hindustan_Unilever" title="Hindustan Unilever">HUL</a></li> <li><a href="/wiki/ICICI_Bank" title="ICICI Bank">ICICI Bank</a></li> <li><a href="/wiki/IndusInd_Bank" title="IndusInd Bank">IndusInd Bank</a></li> <li><a href="/wiki/Infosys" title="Infosys">Infosys</a></li> <li><a href="/wiki/ITC_Limited" title="ITC Limited">ITC</a></li> <li><a href="/wiki/JSW_Steel" title="JSW Steel">JSW Steel</a></li> <li><a href="/wiki/Kotak_Mahindra_Bank" title="Kotak Mahindra Bank">Kotak 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