Rural Electrification Corpration

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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%
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.

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Rural Electrification Corpration

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

Tamil Nadu power utility cannot afford to default, says REC