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PTC India extends Rs.1,100 crore loans to power sector

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power-generation1New Delhi: PTC India Financial Services (PFS) on Monday announced that it has sanctioned loans worth around Rs.1,100 crore as financial assistance to the power sector.

“PTC India Financial Services Ltd. has sanctioned loans aggregating about Rs.1,100 crore for providing financial assistance to power/infrastructure sector in India,” the company said in a stock exchange filing.

The loans include four projects for renewable sector and two for transmission of power.

“The company continues to expand and reinforce its presence in financing of clean energy projects and other emerging areas of power sector. This shall help consolidate PFS’ position as a leading institution financing renewable energy projects in India,” PFS chief executive Ashok Haldia said in the statement.

Last year, the International Finance Corp (IFC), the private financing arm of the World Bank, subscribed to $35 million worth of 10-year non-convertible debentures issued by PFS to boost long-term financing for renewable energy projects in India.

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Cheers and Cheers: Barzilla’s Joyful Ode to Inclusivity and Celebration

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The RG Marathon Championship Run 2023 in Goa was a testament to inclusivity. Initially resistant to including persons with disabilities, it eventually featured wheelchair and standing categories, thanks to advocates’ efforts. Participants showed exceptional determination, emphasizing unity in diversity. Despite challenging weather, they demonstrated the power of community support, highlighting the need for accessibility and inclusion in all state-level events in Goa.

Following the marathon, a gathering of differently-abled individuals, predominantly wheelchair users, convened for a celebratory lunch at Barzilla. The event, orchestrated by Mr. Shariq Khan and Mr. Zain Aftab, proprietors of Barzilla, honored the birthday of Sadaf Fatima, who also uses a wheelchair and is Mr. Shariq Khan’s wife.

 

The lunch featured esteemed guests including the Tourism Minister of Goa, MLA Rohan Khaunte of Porvorim, Social Welfare Minister Subhash Phal Desai, and the State Commissioner for Persons with Disability in Goa, Guruprasad Pawaskar. The event was impeccably hosted by Ms. Falak Fatima and Mr. Adarsh Parashar, offering activities such as Karaoke and Billiards. The youth of Goa exhibited their unwavering support for the community, making the party an unequivocal success.

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