PFC board approves plan to raise Rs 1.6 trillion from domestic and global markets

The board of Power Finance Corporation Limited (PFC) has approved a borrowing plan of up to Rs 1.6 trillion for financial year 2026-27 through domestic and international markets.

The company may raise up to Rs 1.1 trillion through domestic long and medium-term borrowings, including bonds, debentures and other debt instruments. These may include taxable and tax-free bonds, infrastructure bonds, inflation-linked bonds, market-linked bonds, green bonds, social bonds and environmental, social and governance bonds, through fixed or floating rate and non-convertible structures. The board has also approved up to Rs 200 billion in foreign currency long and medium-term borrowings, along with Rs 200 billion through short-term domestic or foreign currency borrowings and Rs 100 billion via commercial paper.