Power Finance Corporation (PFC) has received shareholders' approval for raising up to Rs 65,000 crore through issuance of debentures, bonds, notes or debt securities on private placement basis. The shareholders of the company at their meeting held on September 11, 2018 have approved the same.
PFC provides large range of financial products and services like project term loan, lease financing, direct discounting of bills, short term loan, and consultancy services for various power projects in generation, transmission, distribution sector as well as for renovation and modernization of existing power projects.
