Power Finance Corporation Ltd.

Power Finance Corporation (PFC) will seek shareholders’ approval to raise up to Rs 65,000 crore through issue of bonds/debentures/notes/debt securities on private placement basis in India and/or outside India. The company will seek shareholders’ nod at the annual general meeting to be held on September 20.

Power Finance Corporation (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.