V. Packirisamy appointed Director PFC
Analysis based on 7 articles · First reported Jun 02, 2026 · Last updated Jun 02, 2026
The appointment of V. Packirisamy>>> as Director (Commercial) at Power Finance Corporation>>> is viewed positively, as his extensive experience is expected to bolster PFC's lending operations and support India>>>'s energy and infrastructure development. This could lead to increased investment and growth in the power sector, benefiting related companies and the broader market.
The Government of India>>> has appointed V. Packirisamy>>> as Director (Commercial) at Power Finance Corporation>>> (PFC), effective June 2, 2026. V. Packirisamy>>> brings over three decades of experience in the power sector and infrastructure finance, having previously served as Executive Director, Entity Appraisal & IT at PFC. In his prior role, he was instrumental in expanding PFC's operations, strengthening its appraisal and risk management frameworks, and contributing to the growth of its loan portfolio. His initiatives include developing methodologies for categorizing state generation and transmission utilities and formulating the Integrated Rating Framework for Power Distribution Companies, approved by the India — Ministry of Power>>>. This strategic appointment is expected to drive PFC's commercial strategy and support India>>>'s accelerating investments in power generation, transmission, renewable energy, and infrastructure development.
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