Renewables
PFC’s Q2 Revenue Stays Flat, Loans to Renewable Assets Grow
CEII brief
Mercom India reported on 10 Nov 2026: PFC’s Q2 Revenue Stays Flat, Loans to Renewable Assets Grow.
Read the full story on Mercom IndiaState-owned lender to the energy sector, Power Finance Corporation (PFC), reported a revenue from operations of ₹290.44 billion (~$3.09 billion) in the second quarter (Q2) of the financial year (FY) 2027, up 1.2% year-over-year (YoY) from ₹286.90 billion (~$3.05 billion).
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
