April 7, 2017 / 1:23 PM / 3 months ago

Indian energy firms to raise $1 bln through masala bonds in UK

1 Min Read

Workers install new power lines on an electric pole on the outskirts of Ajmer, India, February 20, 2017.Himanshu Sharma/Files

NEW DELHI (Reuters) - Indian energy companies including state-run NTPC Ltd and Rural Electrification Corp Ltd will raise about $1 billion through bonds in the United Kingdom this fiscal year ending March 2018, power minister Piyush Goyal said on Friday.

Reporting by Sudarshan Varadhan; Editing by Sherry Jacob-Phillips

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