About Us

PFS has been promoted by PTC India Ltd (PTC) as a company incorporated under the Companies Act 1956, and registered with RBI as a NBFC. It has been set up as a special purpose investment vehicle to provide total financing solutions to the energy value chain which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution, fuel sources, equipment manufacturers and EPC contractors and carbon credit finance.

PFS also provide fee based services in the energy space.

The vision of PFS is to be the most preferred financial services partner in the entire energy value chain. PFS strongly believes in partnering and forging strong relationship with credible stake holders to provide complete financial services for all links in the energy value chain.


As a promoter, PTC holds 60% of the equity whereas Goldman Sachs, Macquarie Group, State Bank of India, LIC, Capital International and Global Investment House are other major shareholders.


As a pool of potential investments, PFS has access to long term project portfolio of PTC. This has been done in order to work together closely with a view to provide a single window approach to the developers to help them in tying up equity, debt and power off-take arrangements of renewable power projects. The investment decision by PFS into the equity and/or debt is based on many factors such as the valuation offered by the power projects, commitment shown by the developers and overall techno-economic viability. The investment made by PFS adds to the valuation of the project (investee company) by bringing the core competency of its promoter i.e. PTC in off-take and marketing of power, side by side the brand value of Goldman Sachs and Macquarie, which assists in tying up the balance funding for the project.


PTC – Our Promoter

The Promoter of PFS, namely, PTC was set up as a Government of India (GoI) initiative for incentivising market based investments to the power sector, especially from the private sector. It was formed in the year 1999 by public sector undertakings owned by the GoI namely National Thermal Power Company Ltd (NTPC) - the largest power company in India having installed capacity of around 30,000 MW, Power Finance Corporation Ltd. - power sector specific, developmental financial institution having a cumulative disbursement of around USD 23 billion and POWERGRID - national transmission company of India. Subsequently National Hydro Power Corporation (NHPC) - India's premier hydro power utility having around 5,200 MW of hydro capacity, has also joined hands.


GoI owned power sector undertakings NTPC, NHPC, PFC and POWERGRID collectively holds approx 16% stake in PTC. PTC has net worth of USD 450 Million and continues to be a leading power trader in the country with market share of more than 50%.


PTC today is not just the leading power trader in the country, but has also diversified into the unique role of being a complete energy solutions provider.

PFS: A PREFERRED FINANCIAL PARTNER

  • PFS is highly valued by project developers and is considered by them as a most preferred financial partner.

  • PFS firmly believes in developing long term relationship with credible stakeholders apart from mere participation in equity and provision of debt assistance.

  • PFS aims at a win-win situation for both PFS and the project developer and also works for the overall interest of the project.

  • PFS addresses specific requirements of risk capital by offering innovative solutions at various phases of project development.

  • PFS also guides potential promoters in the sound development of power projects.

  • PFS provides technical inputs in structuring of the project and achieving in financial closure.

  • PFS develops strong relationships with projects by adding value through fund based and non fund based support.

  • PFS believes in adding value to projects while making investments and beyond.

  • PFS mobilizes its resources on most competitive terms to channelize those in high yielding assets in the energy value chain.