PFC has promoted Rajiv Ranjan Jha as Director (Projects) of the company. Jha holds a Bachelor Degree in Science (Mechanical Engineering) from NIT Jamshedpur of Ranchi University and an advanced Diploma in Management from IGNOU.
Before joining PFC, he had worked with Visakhapatnam Steel Plant (Rashtriya Ispat Nigam Ltd.) for more than eight years and dealt with Operation and Maintenance of their coal-based Captive Power Plant.
He was earlier responsible for the entire loan portfolio of Private Sector Projects under Consortium Lending with PFC as lead Financial Institution. He had also handled the Renewable Energy loan portfolio and has worked extensively in the area of Project Appraisal (especially for Independent Private Power Projects). He was also associated with development & award of UMPPs for which PFC is the nodal agency. Jha has been instrumental in resolving some of the large scale stressed assets of PFC.