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This is an archive article published on July 30, 2002

REC to mobilise Rs 2,000cr more

Rural Electrification Corporation Limited, wholly owned by the Government of India, expects to mobilise an additional Rs 2,000 crore through...

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Rural Electrification Corporation Limited, wholly owned by the Government of India, expects to mobilise an additional Rs 2,000 crore through its Capital Gains Bonds and Infrastructure Bonds during the forthcoming months.

The issue is open and on tap. being investor friendly compared to other bonds in the market, REC’s bonds have received an excellent response and the company has already mobilised Rs 2,800 crore till July 27, 2002.

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