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    1. Business News
    2. About
    3. rural electrification corporation

    Rural Electrification Corporation

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    Under the scheme to be implemented in the five years to FY26, the Centre will fork out Rs 97,631 crore. “Most states assured us that they will submit their proposals before October 31,” the minister said.
    Discoms must apply for central grants by December 31: Power minister RK Singh

    As per the design of the scheme, loss-making discoms will have access to the Centre’s funds only after preparing a…

    July 31, 2021 04:30 IST
    Uday scheme, Power, discoms
    Power lenders shares plunge as rescue package may affect margins

    According to traders, the package is a long term positive but would compress lenders’ margins significantly in short term. The…

    Updated: November 6, 2015 16:28 IST
    Despite low yields, public issue of REC tax-free bonds evokes good response

    Rural Electrification Corporation’s public issue of tax-free bonds was on Tuesday over-subscribed by as much as four times, according to…

    October 28, 2015 00:24 IST
    REC set to raise Rs 2,750 cr via five-year bonds

    Rural Electrification Corporation (REC) is set to raise Rs 2,750 crore through its five-year bond issue, according to bond market…

    September 22, 2015 00:25 IST
    As yields rise, even regular bond issuers turn to commercial paper

    Regular borrowers in the corporate bond market seem to be turning to commercial paper, at least on a temporary basis,…

    June 12, 2015 00:15 IST
    REC raises Rs 2,396 crore through 10-year bonds; SAIL gets bids at 7.95%

    State-owned Rural Electrification Corporation (REC) has raised R2,396 crore through long-term bonds, according to bond arrangers.

    Updated: April 10, 2015 05:15 IST
    derc
    Rural Electrification Corp share sale subscribed more than twice

    A sale of shares in India’s state-run Rural Electrification Corp Ltd worth up to $250 million has been subscribed nearly…

    April 8, 2015 14:42 IST
    Govt fixes floor price at Rs 315/share for REC stake sale

    Plans to raise about R1,550 cr

    April 8, 2015 01:14 IST
    Govt to sell 5% REC stake tomorrow

    The government will sell 5% stake in state-owned financing company Rural Electrification Corporation…

    April 7, 2015 00:22 IST
    aam aadmi party, aap news, aap mlas, aap mla, arvind kejriwal, arvind kejriwal news, tariff hike, delhi discoms hike, Delhi Electricity Regulatory Commission, delhi power crisis, aap govt, india news, delhi news
    REC stake sale on Wednesday; govt to get about Rs 1,600 cr

    Government will sell 5 per cent stake in Rural Electrification Corporation (REC) on April 8 to mop up close to…

    Updated: April 6, 2015 21:21 IST
    Buy REC on loan growth, stable asset quality

    Maintain ‘buy’ on Rural Electrification Corporation (REC) on healthy loan growth…

    February 19, 2015 01:27 IST
    Firms’ borrowing costs fall to lowest level since May 2013

    Companies’ borrowing costs have fallen to the lowest level seen since May 2013 with corporate bond yields in the 10-year…

    Updated: January 21, 2015 05:41 IST
    Govt likely to conduct 5% stake sale in REC in 7-10 days

    Response from the international roadshows for divestment of REC and PFC has been encouraging…

    January 21, 2015 00:12 IST
    Rural Electrification Corporation looking to raise Rs 2,250 cr via 10-year bonds next week

    Rural Electrification Corporation plans to raise R2,250 crore through a bond issue next week.

    December 19, 2014 00:15 IST

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