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HD KHUNTETA
100 per cent electrification = 100 per cent power politicsJust to recall, on the 15th of August 2015, PM Modi had made a promise to power up the entire country in the next 1,000 days.- Won't need capital for 5 years if FCCB is approved: HD Khunteta, RECIn a chat with ET Now, HD Khunteta, Director Finance, REC, talks about REC's fund-raising plans and expectatrions from the forthcoming Unio...
- REC plans Rs 1,500 crore non-convertible debentures issue at 9.28%REC has finalised a 9.28% coupon and plans to strike swap deals of equivalent amount to reduce the effective cost.
- Fund, fuel crunch to trip biomass power projectsBiomass power projects across the country are likely to trip on debt repayments and power supply commitments due to a severe funds and fuel...
- Concerned about some private sector private projects: RECIn an interview with ET Now, HD Khunteta, CMD & Director Finance, Rural Electrification Corporation, talks about the company's plan and per...
- 95% of dollar exposure has been hedged: HD Khunteta, RECHD Khunteta, CMD and Director Finance, REC in an interview talks about the impact of a depreciating rupee on the cost of borrowing.
- NPA of Rs 50 cr due to Mysore hydro project: RECIn an interview with ET Now, HD Khunteta, CMD and Director Finance, REC, talks about company's performance. Excerpts:
- REC in a strong financial position on strong recovery mechanism: CMDIn an interview with ET Now,HD Khunteta, CMD and Director Finance, REC said that as far as the RBI guidelines are concerned, they have not ...
- Infra Finance Cos told to make standard assets provisionRBI has advised state-run infrastructure finance cos to make provisions for standard assets from March 2012 due to fears of increase in def...
- REC to raise Rs 1K cr via private placementThe Rural Electrification Corporation said it will sell tax saving infrastructure bonds in January to garner Rs 1,000 crore.
- REC seeks RBI approval to sell zero-coupon bonds to banksRural Electrification Corp wants the RBI’s nod to sell zero-coupon bonds to banks, so that it can raise Rs 1,000-1,500 cr smoothly when it ...
- Cos develop cold feet, put off foreign borrowingsA sudden aversion among international investors for emerging market debt in the backdrop of the recent Eurozone financial crisis is forcing...
- FEC FPO will be two times oversubscribed: DirectorET Now caught up with HD Khunteta, Director, Finance, Rural Electrification Corporation, to find out his views on the FPO.
- FPO will be subscribed by 1.5-2 times: RECHD Khunteta, director, finance, Rural Electrification Corporation, talks about the company’s follow-on public offer.
- REC shelves plan to raise $700 mn from overseasThe global liquidity crisis has forced Rural Electrification Corp (REC) to put its $700-million external borrowings plan on hold.
- Market laps up Rural Electrification Corporation , Power Finance Corporation bondsWith yields on government bonds softening after a fall in global oil prices, state-owned REC and Power Finance Corporation have seen a robu...
- REC takes ECB route to raise $200mFaced with difficulties in raising funds from the domestic bond market amid tight cashflows and the resulting rise in bond yields.
- Liquidity pressure forces banks to halt fund raising plansSeveral large PSUs and banks have decided to put on hold their fund raising plans due to a squeeze on inter-bank liquidity after the Reserv...
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