Power Finance Corporation (PFC) CMD Parminder Chopra announced that the company's renewable energy loan book has reached ₹81,031 crore as of March 31, 2025, marking a 35% year-on-year growth.
Distribution and renewable energy were key drivers, contributing 55% and 17% respectively to total disbursements. Speaking at a press conference in Mumbai, Chopra highlighted nuclear energy as a future lending opportunity, pending clear policy direction. She affirmed PFC’s readiness to support India’s energy transition goals, with FY25 witnessing a record 30 GW of renewable capacity addition—80% from solar. The PM Surya Ghar Muft Bijli Yojana has already enabled 3 GW of rooftop solar installations, targeting 27 GW by March 2027. India’s total renewable capacity now stands at 220 GW, accounting for 45% of the national power mix. Chopra emphasized the importance of grid stability and energy storage to ensure reliable power supply amid growing electricity demand and expanding renewable integration.