JAMMU, June 1: Power Finance Corporation (PFC), today announced the appointment of Ravinder Singh Dhillon as its Chairman and Managing Director.
R.S. Dhillon assumed the charge of the post of Chairman and Managing Director, PFC from today upon the superannuation of Rajiv Sharma.
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 and 3 years in Bharat Heavy Electricals Limited with experience in designing power generating equipment.
Some of the major achievements of Dhillon include his efforts towards geographical diversification by cross border funding of power projects worth almost Rs.9,000 crore related to Nepal and Bangladesh, significant push to refinancing and renewable business leading to accelerated loan growth, resolution of stress in 4 large projects of more than Rs. 4000 crore etc.