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  • Power plants are not suffering because of bad operations: Expert

  • Central government to create SPV to operate stressed assets in thermal power space

  • Will be commissioning new plant by 2021-2022: NLC India

  • Looking to raise funds at competitive rates in domestic & overseas markets: REC

  • Sanction & disbursement growth momentum is expected to continue: REC

  • Grateful to government for trusting REC as nodal agency for Saubhagya scheme: REC

  • Company has lowest NPAs amongst all financing companies, says REC

  • Funds raised via Green Bond Issue to be used for renewable energy projects only: REC

  • Will support if govt decides to consolidate infra financiers, says REC

  • Power sector seeing major transformation; renewables space looks interesting: REC

  • Post UDAY saw uptick in demand for power, issues of discoms being addressed: REC

  • REC to give Rs 39000 cr in loans to KPCL, BESCOM in next 5 years

  • No new additions to NPAs in Q2, hope trend continues: REC

  • Sector seeing investments, eyeing 1500MW orders: Inox Wind

  • Corporate fund raising from mkt to continue: Prime Database

  • No sell-off in Coal India for next 6 mnths: Divestment Secy

  • Power cost to rise by 25p/unit on coal pass-through: Altius

    Power tariffs are seen rising by 20-25 paise per unit as CCEA has now allowed power companies to pass on higher imported coal cost, the move is also seen as positive REC and PFC, says HD Khunteta, Former Dir-Finance, REC and Chairman, Altius Finserv.

  • Expect growth rate of 15-20%, NIMs sustainable at 5%: REC

    "NIMs are very much sustainable, because we are growing at the rate of more than 30 percent. Our NIMs this quarter was 5.01 percent," said Rajeev Sharma, CMD, REC in an interview to CNBC-TV18.

  • REC likely to raise Rs 4500 cr from tax free bonds

    Rural Electrification Corporation (REC) is issuing public tax free bonds, the first of its kind in the country. Rajeev Sharma, CMD, REC shares details with CNBC-TV18 post its first public issue this year.

  • Expect bottom line to grow 15-20% in FY13: REC

    State run power company Rural Electrification Corporation has received finance ministry‘s nod to garner USD 1 billion through optionally convertible foreign currency convertible bonds (FCCBs).

  • REC looks to raise $1 bn through FCCB, $500 m through ECB

    Speaking to CNBC-TV18, HD Khunteta, director of finance at Rural Electrification Corporation says that the company is planning on raising USD 1 billion through FCCB and USD 500 million through the ECB route.

  • Estimate interest rate for bond issue at 7.95-8.10%: REC

    Director finance of Rural Electrification Corpration, HD Khunteta tells CNBC-TV18 that as per current estimates, the interest rate for their tax free bond issue will be around 7.95-8.10%

  • Expect 16% growth in disbursements by March FY12: REC

    Rural Electrification Corporation (REC) has reduced its guidance for full year growth in disbursements from 25% to 16%.

  • Cost of money has increased by 150-200 bps says SREI Infra

    The company would come out with the second tranche and subsequent issues if it receives good response for the first tranche.

  • Plan to raise $450m through bonds, syndicate loans: REC

    Rural Electrification Corporation tells CNBC-TV18 that it is looking at raising USD 450 million through bond issues and syndicate loans.

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