Power Finance Corporation Ltd.

Power Finance Corporation (PFC) is planning to raise Rs 10,000 crore through non-convertible debentures. It has filed a draft shelf prospectus for Rs 10,000 crore non-convertible debentures (NCDs) fundraise. The public issue of secured, rated, listed, redeemable NCDs with a face value of Rs 1,000 each aggregate up to Rs 10,000 crore (shelf limit) and will be issued in one or more tranches.

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