Power Finance Corporation Ltd. (PFC), established in 1986 and based in New Delhi, India, serves as a financial institution specializing in providing financial assistance to the power sector. Its primary mission is to facilitate the development of the electricity infrastructure in India through structured financial products and services tailored to meet the needs of power sector projects. Key offerings include project financing, loan syndication, and equity investments to support a range of projects, from renewable energy to traditional power generation.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PFC made its foray into the bond market in 1997 and has since become a key player in raising capital for the power sector through various bond issuances. One notable issuance was in 2020, when PFC raised ?5,000 crore through its inaugural green bonds, reflecting its commitment to sustainability and renewable energy investments. The current yields on PFC bonds are competitive, aligning closely with industry benchmarks, and the bonds feature attractive options like callable structures to enhance investor flexibility. Recent news highlights PFC's ongoing initiative to tap international investors, further expanding its bond issuance strategy.