India, Jan. 16 -- State-owned Power Finance Corporation Limited on Thursday announced it plans to raise up to Rs 5,000 crore through the public NCD issue.

The base issue size is Rs. 500 crore, with a green shoe option of up to Rs.4,500 crore, aggregating to a total issue size of Rs. 5,000 crore. The issue falls within the company's approved shelf limit of Rs. 10,000 crore.

Tranche I of the issue opens on Friday, January 16, 2026, and closes on Friday, January 30, 2026, with an option for early closure or extension in accordance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended.

Speaking at a press conference in Kolkata, Power Finance Corporation (PFC) Chairpe...