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Power sector lender Power Finance Corporation (PFC) today said it has approved a proposal to launch a private equity fund of US $1 billion, which could possibly be in place over next 6 months. “Our board ...
State-run lending agency Power Finance Corp is in advanced talks with Nuclear Power Corporation of India for lending Rs 12,000 crore to set up two atomic plants in Gujarat and Rajasthan with a total capacity of ...
The government has fixed the issue price for the follow-on public offer (FPO) of state-run Power Finance Corporation (PFC) at Rs 203 per share, which is expected to fetch close to Rs 4,700 crore. “Empowered group of ...
State-owned Power Finance Corporation is planning to float a subsidiary, Power Finance Corporation Green Energy Ltd, to finance the renewable energy projects in the country.“We have already received a certificate of incorporation from the government for ...
The follow-on public offer (FPO) of state-run Power Finance Corporation (PFC) got subscribed 9 per cent on its first day. PFC FPO, the first disinvestment case by the government in the current fiscal, is expected to ...
Power Finance Corporation (PFC) said that its board has approved the final papers for coming out with a follow on public offer (FPO). “The board of directors of the company at its meeting on April 24 ...
State-run Power Finance Corporation’s (PFC’s) Rs 6,000-crore follow-on public offer (FPO) is likely to hit the market in the second week of May. The FPO of the Navratna PSU is expected to open on May 10 ...
State owned Power Finance Corporation (PFC) said it plans to raise up to Rs 5,300 crore through the public issue of infrastructure bonds. “The bonds will be issued in one or more tranches up to Rs 5,300 ...
Pune-based Sterlite Technologies Limited announced,  it has arranged Rs. 700 crore worth of funds for its mega transmission project connecting North-east with the Northern states India.  The total estimated cost of the project is Rs. 800 ...
State-run lender Power Finance Corp’s 20 per cent follow-on public offer (FPO) which is expected to garner close to Rs 7,000 crore is likely to open around May 15.  “If everything is done in time i.e. ...