PFC is a one of the leading lenders to the power sector.
The company proposes "... To raise funds up to Rs 60,000 crore through issue of bonds/debentures/notes/debt securities or private placement basis in India and/or outside India,".
The approval for raising funds will be sought from shareholders in the Annual General Meeting to be held on September 24, the company said in a regulatory filing.
PFC, an infrastructure finance company, is engaged in providing financial assistance to state power utilities for meeting the financing and development requirements of the power sector.
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