Power Finance Corporation Limited: CSR spending FY 2021-22 to 2025-26
Power Finance Corporation Limited spent ₹476.9 crore on CSR from FY 2021-22 to 2025-26 (standalone company, from its annual reports), shown year by year with the money set aside for ongoing projects.
FY 2023-24
In FY 2023-24 Power Finance Corporation spent ₹99.37 crore on CSR against a 2% obligation of ₹215.39 crore.
Period: Apr 2023 - Mar 2024.
- Obligation (2% rule): ₹215.39 crore
- Spent in the year: ₹99.37 crore (projects ₹92.86 crore, admin overheads ₹6.51 crore)
- Set aside for ongoing projects (Unspent CSR Account): ₹116.02 crore
- Transferred to a Schedule VII fund: not disclosed
- Spent above this year's obligation (money set aside counts as spent): not disclosed
- Environment spend: ₹1.9 crore
Spending by area
| Area | Amount |
|---|---|
| Sanitation/waste management/drinking water (i), incl. Rs 77.46 cr to Swachh Bharat Kosh | ₹78.76 crore |
| Education/vocational skill development (ii) | ₹0.28 crore |
| Environmental sustainability - solar/afforestation/LED (iv) | ₹1.9 crore |
| Others | ₹14.03 crore |
| Administrative overheads incl. impact assessment | ₹6.51 crore |
Main programmes
- Contribution to Swachh Bharat Kosh Rs 77.46 cr (PAN India)
- IISc Bengaluru energy research building, Rs 12.66 cr allocated (ongoing, Karnataka)
- Development works in 35 villages of Bundi district, Rs 7.50 cr (Rajasthan)
- Rectification of school toilets: Andhra Pradesh Rs 2.16 cr, Rajasthan Rs 0.42 cr spent
- Solar plants in 2 government schools and 1,160 solar street lights, Lohit and Namsai (Arunachal Pradesh), Rs 3.93 cr
- 500 solar LED street lights, Sonbhadra (Uttar Pradesh)
- Sewer jetting vehicle and mobile toilets for Daman Municipal Council
- Student residential facilities, Swami Vedanand Ved Vidyalaya, Kuteti (Uttarakhand)
Trees and greening
- No plantation project disclosed; solar street lighting projects only
States: Karnataka, Rajasthan, Andhra Pradesh, Arunachal Pradesh, Uttar Pradesh, Uttarakhand, Delhi, Daman.
Implementing agencies: IISc Bengaluru, Arunachal Pradesh Energy Development Agency, UP Small Industries Corporation, Telecommunication Consultants India Ltd, Zila Parishad Bundi.
Source: S3 PFC Annual Report 2023-24 (38th), pages pdf 184-188 (CSR annexure)
Sources: PFC Annual Report 2025-26 (40th) – Power Finance Corporation Limited; PFC Annual Report 2024-25 (39th) – Power Finance Corporation Limited; PFC Annual Report 2023-24 (38th) – Power Finance Corporation Limited; PFC Annual Report 2022-23 (37th) – Power Finance Corporation Limited; PFC Annual Report 2021-22 (36th) – Power Finance Corporation Limited
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