Power Finance Corporation Limited
Government of Singapore decreased its stake in Power Finance Corporation Limited from 1.35% to 1.25%, selling 30,18,971 shares worth ₹109.9 Cr at ₹364.00 apiece.
A systemically important non-deposit taking NBFC registered with the RBI as an Infrastructure Finance Company, this organization extends financial assistance to India's power sector. The company specializes in providing structured financing for power projects across generation, transmission, and distribution segments. It operates as a dedicated financier supporting development of critical power infrastructure and energy projects nationwide.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.