Ravinder Singh Dhillon takes over as Chairman and MD of Power Finance Corporation

Government-owned Power Finance Corporation (PFC), India's leading NBFC, today announced the appointment of Shri Ravinder Singh Dhillon as its Chairman and Managing Director. Shri R.S. Dhillon assumed the charge of the post of Chairman & Managing Director, PFC w.e.f 01st June 2020 upon the superannuation of Shri Rajiv Sharma.

Shri Dhillon brings with him close to 36 years of rich and varied experience that spans across the entire value chain of power sector. Out of this, 27 years is in PFC with experience of financing power sector i.e. generation, transmission and distribution; 6 years in Central Electricity Authority with experience of macro level planning of power systems & 3 years in Bharat Heavy Electricals Ltd with experience in designing power generating equipment.

Some of the major achievements of Shri Dhillon include his efforts towards geographical diversification by cross border funding of power projects worth almost Rs.9,000 Crs related to Nepal and Bangladesh, significant push to refinancing & renewable business leading to accelerated loan growth, resolution of stress in 4 large projects of more than Rs. 4000 Crs etc.

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