PFC board clears next step for REC merger, seeks govt approvalPower Finance Corporation has taken a key step toward merging with REC Limited after its board approved seeking the President of India’s no...
17 May, 2026, 02.05 PM IST
PFC-REC merger may not be a priority amid war squeezeBoards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fal...
16 May, 2026, 01.16 AM IST
India state-run firms tap bond market for $2 billion before funding costs rise"The pickup in issuance suggests companies have stopped waiting for borrowing costs to decline and have accepted that yields are unlikely t...
11 Feb, 2026, 05.46 PM IST
PFC plans public bond issue to raise Rs 5,000 crorePower Finance Corp is launching a public bond issue to raise up to ₹5,000 crore. This comes after the company cancelled private bond sales ...
13 Jan, 2026, 06.19 AM IST
Why indexation benefit removal will aid PFC & REC stocks? Nikhil Nigania explainsNikhil Nigania of Bernstein explained how PFC and REC benefit from special 54EC bonds issued to save capital gains tax on real estate sales...
26 Jul, 2024, 04.26 PM IST
HDFC, PFC plan debt raise of up to Rs 6,500 crMeanwhile, the state-run Power Finance Corporation is likely to sell up to ₹3,000 crore worth of three-year bonds on May 18. PFC's bond sal...
17 May, 2023, 06.30 AM IST
PFC raises Rs 4,432 cr via three- & 10-yr bond issuesCoupon rates for the bond sales were largely in line with market expectations, treasury executives said. PFC and its subsidiary REC are bot...
19 Apr, 2023, 06.31 AM IST
PFC, HUDCO to float bonds of up to Rs 7,500 crThe two tranches of PFC's bonds include a three-year-and-four-month debt sale with a base size of ₹500 crore and a greenshoe of ₹2,500 cror...
14 Apr, 2023, 07.44 AM IST
PFC raises $500 mn via dollar-denominated bondsPFC, the leading NBFC in the power sector, successfully raised USD 500 million on January 29, 2021, through the issuance of USD denominated...
02 Feb, 2021, 04.12 PM IST
PFC dismisses speculations over FPO in near futureThe company said, "There have been rumours circulating in the market on the launch of FPO by the PFC. In this regard, it is clarified that ...
22 Sep, 2020, 07.59 PM IST
PFC’s dollar bonds receive 42% US participationPFC becomes the first Indian public sector company to issue senior unsecured US-dollar bonds with a tenure of more than 10 years.
17 Jan, 2020, 06.26 PM IST
How PFC REC merger hits funding costsRural Electrification Corp’s merger with Power Finance Corp doesn’t seem to have gone down well with investors as the former’s borrowing co...
24 Jan, 2019, 10.06 PM IST
PFC raises $400mn through green bondsPFC has priced this ten - year Green Bond at a fixed rate coupon of 3.75%.
01 Dec, 2017, 06.05 PM IST
PFC's 54EC capital gain bond issue in July, to raise Rs 18K croreThe PFC is the first company to raise capital gain bonds under Section 54EC this fiscal. The issue would remain open till March 31, 2018.
15 Jun, 2017, 08.06 PM IST
Power Finance Corporation to buyback infrastructure bondsPFC's infrastructure bonds were sold for 10 years and 15 years and it is now planning to buyback the set of bonds with shorter maturity.
05 Aug, 2015, 03.13 PM IST
- Power Finance Corporation looking to raise Rs.1000 crore through medium term bond issue
Power Finance Corporation is looking to raise Rs.1000 crore through a medium term bond issue.
22 May, 2012, 09.16 PM IST
- PFC awaits govt approval for Rs 5,000 crore tax-free bonds issue
PFC, expects to raise as much as Rs 30,000 crore this financial year(2011-12). PFC has raised around Rs 13,000 crore rupee loans so far thi...
18 Sep, 2011, 02.39 PM IST