Power Finance Corporation Ltd. (PFC) was set up in July 1986 as a Development Financial Institution dedicated to the Power Sector. PFC is committed to the integrated development of power and its associated sectors by channeling resources and providing financial, technological and managerial services for ensuring development of economic, reliable and efficient systems and institutions. Since inception PFC has cumulatively sanctioned Rs. 742.68 billion and disbursed Rs 501.14 billion to the power sector till March 2005. Additionally, PFC also actively associated with the Ministry of Power, Govt of India for implementation of various policies relating to development of the power sector.