Question

Which of the following is the largest non-banking financial corporation (NBFC) in the power sector in India?

A National Power Finance Corporation Correct Answer Incorrect Answer
B Hindustan Power Corporation Correct Answer Incorrect Answer
C Power Finance Corporation Correct Answer Incorrect Answer
D India Power Finance Corporation Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Power Finance Corporation (PFC), under the administrative control of the Ministry of Power, is the largest non-banking financial corporation (NBFC) in the power sector in India. State-owned PFC’s maiden green bonds of 300 million euros have been listed on Luxembourg Stock Exchange (LSE). The listing has been done under the co-operation agreement signed between India INX and LSE, which encompasses areas of mutual interest in green bonds and ESG space.

Practice Next

Relevant for Exams:

×
×