Damodar Valley Corporation (DVC) will enter the domestic debt market with a seven-year bond issue to mop up Rs 640 crore through book building method to part fund a number of generation and transmission and distribution projects. Though the actual issue size is Rs 500 crore, the corporation is hopeful of mopping up another Rs 140 crore by exercising the green-shoe option.
FlashNews:
IndiGo to Begin Guwahati-Bangkok Flights, Expanding Northeast India’s Global Reach
Suhora Technologies Launches Open Satellite Platform to Support Nepal Flood Response
WABAG Wins RIL Repeat Order for Advanced ETP at Jamnagar
Homegrown Airtel Cloud Seeks to Support India’s Sovereign Manufacturing AI
Air India’s VT‑AWD Dreamliner Arrives After Completing 500 Checks
RVNL Secures ₹90.3 Billion Order for Rail Connectivity to Buxar Thermal Power Project
Air India and IHG Hotels & Resorts Forge Loyalty Partnership
RVNL Emerges Lowest Bidder for ₹40.49 Billion EPC Package in Odisha
ISRO’s GSLV-F17 Launches EOS-05, India’s First Geosynchronous Imaging Satellite
Inox Wind Secures ₹7.55 Billion Repeat Order from Indian Oil
FLY91 Signs $1 Billion ATR Order to Drive Regional Aviation Growth
Esri Launches Linux‑Based GeoSARAL to Tap India’s Expanding GIS Market
Tata Power Commissions 400 kV Jalpura-Khurja Corridor to Strengthen NCR Grid
UrbanVault Expands into Chennai with 100,000 Sq. Ft. Across Three Properties
Naidu Chairs High‑Level Committee to Strengthen Aircraft Leasing and Financing
Windergy India 2026: Wind Sector Targets 100 GW with Manufacturing, Offshore and Repowering
RVNL Charts Diversified Growth with Strong Order Book and Execution
Air India Express Unveils New Uniforms Inspired by India’s Cultural Heritage
NHAI Tightens AI-Machine Construction Norms
Home » DVC likely to mop up Rs 640 cr thru bond issue
DVC likely to mop up Rs 640 cr thru bond issue
Infrastructure Finance
January 3, 2011January 3, 2011


Leave a Reply
You must be logged in to post a comment.