Power Finance Director (Fin), Parminder Chopra conferred ‘Best CFO-PSU’ Award
Bangaluru/Delhi: Ms. Parminder Chopra, Director (Finance), Power Finance Corporation Ltd (PFC) has been conferred with prestigious ET Ascent “BestCFO-PSU” Award at a glittering ceremony held at Taj, MG Road, Bengaluru on Tuesday.
PFC is one of the Maharatnas in the power sector PSUs basket and has been performing excellently over the last few years. The company has been showing progressive financial results, PBT and net profits year after year. Last year in FY’22, the company had a robust turnover of Rs 38,545 crores, PAT Rs. 10,022 crores and declared a handsome total dividend (120%) to the shareholders. PFC has been controlling NPAs continuously.
Recently, PFC announced a joint venture with REC for taking over stressed assets or NPAs in the power sector, an innovative project to help sick or weaker power sector companies professionally and bring them above board.