Power Finance Corporation (PFC) appointed Parminder Chopra as its full-time chairman and managing director, effective 14 August 2023. Chopra has over 35 years of experience in the power and financial sector. At PFC, she has headed key finance functions, including resource mobilisation (domestic and international markets), banking, treasury, asset liability management, and stressed asset resolution.
Her prior experience includes stints in power sector majors such as NHPC and Power Grid Corporation of India. Under her leadership, PFC has increased funding to clean energy projects, including funding of electric vehicles, bio-fuels, hybrid renewables like Round The Clock, renewable equipment manufacturing, and recently signed MoUs with clean energy developers worth INR 2.40 lakh crore, to emerge a principal financier of clean energy projects. Chopra holds a bachelor's degree in commerce from Delhi University and is a qualified cost and management accountant.
She also has a post graduate diploma in business management.