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Tuesday, April 26, 2011

Power Finance Corporation (PFC) FPO opens from May 10, 2011



Power Finance Corporation Limited, a Govt. of India Undertaking, is coming up with a Follow-on Public Offer (FPO), which would open from Tuesday, May 10, 2011

PFC was set up in July 1986 as a Financial Institution (FI) dedicated to Power Sector financing and committed to the integrated development of the power and associated sectors. The Corporation was notified as a Public Financial Institution in 1990 under Companies Act, 1956. The Corporation was registered as a on Banking Financial Company by RBI and has been  conferred with the status of  Nav-Ratna PSU by Govt. of India on 22nd June, 2007

PFC provides large range of Financial Products and Services like Project Term Loan, Lease Financing, Direct Discounting of Bills, Short Term Loan, Consultancy Services etc.for various Power projects in Generation, Transmission, Distribution sector as well as for Renovation and Modernisation of existing power projects

Check back Indian IPO Blog for the latest updates on the FPO!




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