Power Finance Corporation (PFC) on Thursday launched its third public issue of secured, redeemable non-convertible debentures, with Chairperson and Managing Director Parminder Chopra calling the strong investor response to its earlier bond offerings a clear vote of confidence in the power sector. Chopra said the sector remains a fundamental pillar of India's growth and self-reliance, with PFC acting as the key financial enabler of the transition. The company plans to raise up to Rs 5,000 crore through the public NCD issue, which comes after nearly 30 months, with a base issue size of Rs 500 crore and a green-shoe option to accept oversubscriptions up to the full amount. The public NCD issue the company's third such offering and the first zero coupon public bond issue by a PSU in the current calendar year is set to open for subscription on January 16 and run through January 30. Chopra noted that previous issues were subscribed more than five times. This third issue reflects matur