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PFC BORROWING PLAN
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
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...
State-run firms tap bond market for $2 bln before funding costs riseIndian state-run companies are set to raise 175 billion rupees through bond sales this week. Firms like NaBFID, HUDCO, SIDBI, and PFC are i...
PFC board okays Rs 1 lakh cr borrowing plan for FY22The amount will be borrowed in one or more tranches in financial year (FY) 2021-22, PFC said in a BSE filing.
PFC raises borrowing limit to Rs 1.18 lakh croreThe company now plans to raise a maximum of Rs 83,000 crore from long-term borrowing, Rs 15,000 crore from long-term foreign currency borro...
PFC, REC to directly repay discom loansThe government’s move to give large loans to power distribution companies to help them clear ₹88,000-crore power plant bills would be final...
PFC plans to borrow Rs 7,000 crore from domestic banks to fund REC dealIt is not expected to raise funds through issue of shares this year as the borrowings along with internal resources and several other steps...
There is no one-solution-fits-all approach to power sector stress: Rajeev Sharma, Chairman & MD, Power Finance CorpPFC achieved many milestones in the last fiscal. We achieved the highest ever sanctions and disbursements of Rs 1.16 lakh crore and Rs 64,4...
PFC delays fund-raising plans, hopes to get Rs 22,000 crore from states participating in UDAYPFC has delayed a major portion of its fundraising plan as it hopes to get around Rs 22,000 crore from states participating in UDAY.
- PFC to raise Rs 22k cr from infra, tax-free bonds this fiscal
State-run lending agency Power Finance Corporation plans to raise over Rs 22,000 crore through infrastructure and tax-free bond issues.
- PFC may raise up to $1 bn in external debt; stock up
Power Finance Corp, or PFC, may raise up to $1 billion (around 4,500 crore) of external commercial debt next fiscal, exceeding the limit of...
- PFC may raise up to $1 bn in external debt
Power Finance Corp, or PFC, may raise up to $1 billion (around 4,500 crore) of external commercial debt next fiscal, exceeding the limit of...
- PFC to mop up $1 billion via overseas borrowings
Power Finance Corporation (PFC) plans to raise $1 billion (about Rs 4,500 crore as per current exchange rates) through overseas borrowings ...
- PFC plans to raise $300 mn via ECBs
State-owned Power Finance Corporation, the nodal agency for funding power projects, plans to raise $300 million through external commercial...
- IIFCL may power $5-b loans to PFC
Power Finance Corporation (PFC) may be allowed to access up to $5 billion foreign exchange reserves through India Infrastructure Finance Co...
- PFC mulls overseas arm to power infrastructure via forex reserves
Power Finance Corporation (PFC) is examining a proposal to float an overseas financial arm for the development of power sector infrastructu...
- PFC eyes stakes in power cos via IPOs
Power Finance Corporation (PFC) is now planning to pick up stakes in other power companies by subscribing to a large share equity in the fo...
- PFC to mop up $1 b from overseas mkts
Power Finance Corporation (PFC) is planning to tap the overseas market to raise a whopping $1 billion in the current fiscal.