With the focus to increase its loan portfolio in clean energy projects in India, the Company's Board sanctioned loans in its meeting held on 26 December 2015. The fresh round of loan approvals will help Company further expand into renewable projects.
The cumulative loan assistance sanctioned during the current financial year has reached about Rs 4330 crore as against Rs 3562 crore during the comparative period of previous year i.e. April 2014 to December 2014. The projects assisted include an annuity based road project project as per strategy of PFS for calibrated diversification.