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PFC to raise up to Rs 400 cr via bonds

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Press Trust of India New Delhi

Power Finance Corporation (PFC) today said it will raise up to Rs 400 crore through issue of bonds this week.

"We are planning to raise around Rs 300-400 crore through bonds in the next seven days," PFC CMD Satnam Singh told reporters here on the sidelines of the launch of Power Exchange India.

He said, "Against the target of Rs 19,300 crore for financing several power projects this fiscal, we have already disbursed Rs 9,800 crore."

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First Published: Nov 10 2008 | 12:47 PM IST

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