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

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

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.

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

Reporting by Sudarshan Varadhan; Editing by Sherry Jacob-Phillips

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