Ravinder Singh Dhillon, chairman and managing director of Power Finance Corporation (PFC), a Maharatna Company and India’s leading NBFC in the power sector, was conferred with the “CMD Leadership Award (Maharatna)” by Governance Now (SAB TV Group).
The prestigious award was bestowed on Dhillon in recognition of his stellar leadership, path-breaking energy transition initiatives, remarkable achievements and contribution to the accelerated development of the Power Sector. Dhillon received the award from Justice Dipak Mishra, former chief justice of India.
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The event was sponsored by the Ministry of Heavy Industries and Ministry of Jal Shakti. The ceremony marked the presence of various dignitaries and key officials from state and Central PSUs, key personnel from the government, senior Bureaucrats and Policymakers.
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PFC has increased its focus on renewable energy and refinancing operational assets under the leadership of Dhillon. He has not only spearheaded the conferment of ‘Maharatna’ (the highest recognition for a CPSE) but also piloted PFC’s business diversification efforts, both by cross-border funding and expanding the business into new market segments in infrastructure & logistics space like funding of e-Mobility, Metro Projects, Nuclear Energy, Bio-ethanol, Oil Refineries, Lift Irrigation Projects, etc.
R S Dhillon, who holds a B E (Electrical) degree from Thapar Institute of Engineering & Technology and an M Tech in Power Systems from IIT Delhi. has over 38 years of varied experience spread across the entire value chain of the power sector. His diverse work experience covers three years in designing power generating equipment at Bharat Heavy Electricals Ltd., six years in Central Electricity Authority with macro-level planning of Power Systems and 29 years in PFC, playing a key role in Project Appraisal, Financial Modeling, Project Monitoring & Stressed Asset Resolution.
PFC was also awarded with “Best Performer (Financial) & Use of Emerging Technologies: Cloud” in the ceremony.
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