Hd Khunteta

As Moily is all set to push for power reforms, the Former Power Secretary, RV Shahi believes there is nothing wrong with open access but, it has not been implemented due to the interference of state governments. According to him, the state regulatory commissions should act a little more formally with state governments to roll out the process.

Post rate cut, cost of borrowing may go down by 50 bps: REC

Coal shortages have been digging a deep hole in State Electricity Boards' pockets. Power companies too seem to be facing the brunt as they don‘t have resources to generate more power.

Falling Re has REC hedging $250m of total borrowing

As the rupee hits a fresh trough, breaching the 54 mark, NBFC's like Rural Electrification Corporation (REC) are slowly feeling the pinch. REC'+s Director-Finance, HD Khunteta tells CNBC-TV18 that hedging costs have shot up over the last few months.

Expect 15% bottomline growth ahead, says REC

In an interview to CNBC-TV18, HD Khunteta, director finance at Rural Electrification Corporation says, he expects 15% growth in bottom-line going forward.

No issues with loan repayments from SEBs, says REC

As far as loan payment issues regarding State Electricity Boards (SEBs) are concerned, Khunteta said that most SEBs pay back on time, while there are payment delays from boards in north eastern states until they get money from the Central Government.

Tamil Nadu power utility cannot afford to default, says REC

HD Khunteta from Rural Electrification Corpration (REC), in an interview on CNBC-TV18, said that Tamil Nadu board's outstanding amount stands around Rs 8000 crore and it is a part of the government department. Hence, he feels that the state power utility cannot afford to default.

REC confident of maintaining 25% topline growth in FY12

In an interview with CNBC-TV18, HD Khunteta, Director Finance, REC said the company will be able to sustain 25% top-line, bottom-line growth compared to previous year.

REC plans to raise around Rs 28,000cr by next year

HD Khunteta, Director-Finance of Rural Electrification Corporation, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, spoke about their recent fund raising plans and the road ahead.

Investment cap on infra bonds should be raised: REC

Commenting on his budget expectations, HD Khunteta of REC said, the cap for infra bonds should be raised to Rs 50,000. "This will be beneficial to the infrastructure sector as well as power sector, which is part of the infrastructure."

REC expects disbursement to grow a quarter in FY12

The state-run lender Rural Electrification Corp expects its disbursement to jump by a quarter in 2011/12 on rising loans demand from the power sector.

Expect 25% loan growth next year: REC

In an interview with CNBC-TV18, HD Khunteta, Director Finance, Rural Electrification Corporation (REC), spoke about the latest happenings in his company and sector.