Aafrin Kidwai 
Image Courtesy: PTC India Limited
PTC India Financial Services (PFS) has announced that its board of directors has cleared a plan to disburse loans of Rs 485 crore to borrowers for solid waste management, among other projects.
The decision was reportedly taken with an objective to establish PFS as a sustainable financing institution. “PTC India Financial Service is continuously looking to diversify its portfolio by financing other clean and sustainable initiatives and expecting disbursement of Rs 425 crore from current clearance in a month,” the company said in a statement.
PTC India Financial Services is a non-banking finance company promoted by PTC India Ltd. The company offers an array of financial products to infrastructure companies in the entire energy value chain and other infrastructure industries. It also provides fee-based services like loan syndication and underwriting.
