Power Finance Corporation Ltd.

Power Finance Corporation (PFC) is targeting higher fund flow from 54EC capital gain bonds in the last two quarters of this fiscal and expects to register 25 percent growth in funds garnered from this instrument in 2020-21.

The company had raised around Rs 1,100 crore from these bonds in 2019-20. However, despite getting good response in the last few years, the firm could not increase funding from this route in the first quarter of this fiscal mainly due to the COVID-19 impact.

PFC is central PSU under Ministry of Power and India's leading NBFC.