Power Finance

Power Finance

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Investment Firm

Overview

Power Finance provides financial products and related advisory, and other services to the power sector in India. It offers fund based financial policies/products, including asset acquisition; bridge, corporate, short term, and rupee and foreign currency term loans; short term loan for SPV; buyer’s line of credit; and credit facility for purchase of power.

Power Finance's fund based financial policies/products also include debt refinancing; energy saving projects; fuel supply projects and equipment manufacturers financing; grants/interest free loans for studies/consultancies; lease financing for wind power projects and purchase of equipment; line of credit for import of coal; takeout financing; and solar PV policy to private sector. Its non-fund based products comprise guarantee, guarantee for credit enhancement, and letter of comfort.

Power Finance also provides consultancy services in the areas of procurement of power by distribution licensees; renewable and non-conventional energy schemes; selection of developers for coal blocks; selection of EPC contractors; reform, restructuring, and regulatory aspects; capacity building and human resource development; and execution of ultra-mega power projects, and independent transmission projects. It serves state electricity boards, state power utilities, central power sector utilities, power departments, equipment manufacturers, private power sector utilities, joint sector power utilities, and other state departments engaged in the development of power projects.

Power Finance began operation in 1986. It has its headquarters in New Delhi in India.

Highlights

Founded

1986

Industry

Financial Services

Employees

501-1000

Investment

9

Lead Investment

7

Exits

3

Stages

N/A

Investor Type

N/A

Location

India, Asia

Contact Information

Social

Profile Resume

Power Finance, established in 1986 and headquartered in India, Asia., specializes in investments across Energy, Drones, Power Grid, Solar, Sustainability, Wind Energy, Renewable Energy, Government, Building Maintenance, Office Administration. The organization boasts a portfolio of 9 investments, with an average round size of $1.2B and 3 successful exits. Their recent investments include Sterlite Power, Serentica Renewables, Damodar Valley Corporation, Apraava Energy, REC. The highest investment round they participated in was $495.6B. Among their most notable exits are Sterlite Power and Serentica Renewables. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Ravinder Dhillon

Ravinder Dhillon

Founder, Chairman & Managing Director

Investment portfolio

Power Finance has made 9 investments. Their most recent investment was on May 30, 2024, when Sterlite Power raised $164.8M.

investments

9

Diversity investments

0

Lead investments

7

Number of exits

3

Investments

9

Annouced DateOrganization NameIndustryMoney Raised
Aug 07, 2023
Apraava Energy Apraava Energy
Energy1101.5M
Aug 25, 2023
Damodar Valley Corporation Damodar Valley Corporation
Government548.5M
Sep 14, 2023
Serentica Renewables Serentica Renewables
Solar313.1M
May 30, 2024
Sterlite Power Sterlite Power
Energy164.8M

Exits

3

Funding Timeline

Funding rounds

9

Investors

5

Funds

0

Funding Rounds

9

Power Finance has raised 9 rounds. Their latest funding was raised on May 30, 2024 from a Corporate Round - Sterlite Power round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Aug 07, 2023
Debt Financing - Apraava Energy Debt Financing - Apraava Energy
-1101.5M-
Aug 25, 2023
Debt Financing - Damodar Valley Corporation Debt Financing - Damodar Valley Corporation
-548.5M-
Sep 14, 2023
Debt Financing - Serentica Renewables Debt Financing - Serentica Renewables
-313.1M-
May 30, 2024
Corporate Round - Sterlite Power Corporate Round - Sterlite Power
-164.8M-

Investors

6

Power Finance is funded by 6 investor(s). Sumitomo Mitsui Banking Corporation and Bank of Yokohama Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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