Our Portfolio

Since 2008 PFS has made its significant contribution in the development of Power Sector through its participation in form of equity or debt financing.

 

Equity Investments.

  • PFS is one of the promoters of India's first power exchange viz. Indian Energy Exchange and currently holds approx 21.12% equity after divestment of 4.88% stake in FY 2011. The exchange holds more than 84% market share. The exchange was set up to catalyse the modernization of electricity trade in the country by ushering in a transparent and neutral market through a technology-enabled electronic trading platform.
  • Conventional Projects
    • 26% equity stake in 3*63 MW (i.e.189 MW) imported coal based power project in Thoothukkudi District, Tamil Nadu. The project is fully commissioned as on June 2011. PFS has made exit from the investment in Sep 2011.
    • 20% equity stake in 2*350 MW domestic coal based thermal power project in Orissa. The project is expected to be commissioned by July 2013 and project implementation is as per schedule.
    • 13% equity stake in stage I of 2*660 MW thermal power project in Andhra Pradesh. The project is expected to be commissioned in 2014.
    • 18% equity in the 900 MW (Phase I - 300 MW and Phase II - 600 MW) imported coal based power project in Andhra Pradesh. Phase I is expected to be to be commissioned by March 2012 and Phase II in 2013.
  • Non Conventional Projects
    • 37% equity in a 99.45 MW wind power project in Maharashtra. Phase I of 41.25 MW has been commissioned and Phase II is under development
    • 26% equity in a 10 MW biomass power project in Maharashtra. The project was commissioned in 2009
    • Upto 26% equity in an SPV, to undertake 500 MW of biomass and renewable energy projects. Around 50 projects already identified and out of these permissions for 25 projects received from state govt.

 

Debt Financing

As on December 2011, PFS has sanctioned approx Rs 5,000 Crore in form of Long term and short term debt assistance to various power projects which will help to generate more than 15,000 MW capacity in coming years. As on December 2011, PFS has outstanding loan book of more than Rs 1070 crore.

 

Some of major debt assisted projects are:

  • 1320 MW Coal based project in Haryana wherein PFS has sanctioned & disbursed Rs 31.87 Crore. Phase I of 660 MW has been synchronized with grid in Jan 2012 and phase II is expected by July 2012.
  • 1320 MW Coal based project in Andhra Pradesh wherein PFS has committed Rs 120 crores. Project is likely to be commissioned by May 2014.
  • 1080 MW Coal based project in Chhattisgarh wherein PFS has committed Rs 70 crores. Project is likely to be commissioned by June 2013.
  • 450 MW Coal based project in Uttar Pradesh wherein PFS has committed Rs 75 crores. Project is likely to be commissioned by February 2012.
  • 420 MW Coal based project in Karnataka wherein PFS has sanctioned Rs 120 Crore. Project is likely to be commissioned by April 2013 .
  • 420 MW Coal based project in Karnataka wherein PFS has sanctioned Rs 120 Crore. Project is likely to be commissioned by April 2013 .
  • 600 MW Coal based project in Chhattisgarh wherein PFS has sanctioned Rs 250 Crore. Project is likely to be commissioned by July 2014.
  • 1200 MW Coal based project in Chhattisgarh wherein PFS has sanctioned Rs 200 Crore. Project is likely to be commissioned by early 2014.
  • 96 MW Hydro power project in Sikkim wherein PFS has sanctioned Rs 150 Crore. Project is likely to be commissioned by Sep 2014.
  • 10 MW Solar power project in Gujarat wherein PFS has sanctioned Rs 51 Crore. Project is likely to be commissioned by early 2012.
  • 5 MW Solar power project in Gujarat wherein PFS has sanctioned Rs 25 Crore. Project is likely to be commissioned by February 2012.
  • 20.8 MW Wind power project in Gujarat wherein PFS has sanctioned Rs 50 Crore. Project is already commissioned in April 2011.
  • 20 MW Wind power project in Gujarat wherein PFS has sanctioned Rs 50 Crore. Project is already commissioned in March 2011.