India’s Power Finance signs MoU with Ex-Im Bank of U.S.
Power Finance Corp Ltd. (PFC) announced that it has signed a MoU with Ex-Im Bank of the United States so that PFC’s borrowers can use Ex-Im bank’s facility for project-related imports from the U.S. during the next two years.

PFC, which is biggest Indian power finance company and finances power projects in India, said in a regulatory filing that Ex-Im Bank has approved an India infrastructure facility that will support U.S. exports to Indian projects in sectors such as power and renewable energy generation.

PFC Today closed at Rs156 up 2%