For India’s renewable energy (RE) projects in rural areas, the German government owned development bank KfW has agreed to give a loan of Rs 700 crore.
Tag: Rural Electrification Corporation
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REC tax-free infra bonds
Rural Electrification Corporation (REC) plans to raise up to Rs 500 crore through tax-free retail bonds in the last week of December. REC plans to raise about Rs 28,000-30,000 crore in this financial year.
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Power, telecom cos raise foreign funds
The Centre had approved companies' fund raising worth Rs 60,950 crore through extÂernal commercial borrowing (ECB) or foreign currency cÂoÂnvertible bonds (FCCB) for inÂfrastructure projects in the last two financial years.
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Rs 6.5k cr up for grabs in transmission
Over the next two months, the government will call global tariff bids to award contracts for laying five mega power transmission lines worth Rs 6,485 crore.
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