NaBFID has raised Rs 50 billion through the issuance of long-term bonds. The 15-year bonds carry a coupon rate of 7.25 per cent with a face value of Rs 100,000 each. The issue size comprised a base issue of Rs 20 billion and a greenshoe option of Rs 30 billion. The 0.5 million bonds issued were unsecured, non-convertible, taxable and redeemable.
Leading the Way: Policy initiatives position Gujarat at the forefront of the energy transition
Gujarat was an early adopter of renewable energy in India. The state’s renewable energy journey began with a strong emphasis on wind power. It introduced its first wind policy as early as 1993, which was […]
Quality Power Electrical Equipments is set to launch Rs 8.59 billion IPO
Quality Power Electrical Equipments Limited, an energy transition equipment and power technologies provider, is set to launch an IPO worth Rs 8.59 billion. The IPO comprises a fresh issue of 5.3 million shares valued at […]
New Heights: Airport infrastructure, passenger and freight traffic growing apace
The year 2016-17 has been a positive one for the Indian aviation sector, with the growth in passenger and freight traffic being maintained, and new routes being opened up under the Regional Connectivity Scheme (RCS). […]