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BRIEF-India's Rural Elec exec: looking to raise $1 bln foreign debt in 2017/18
May 30, 2017 / 9:06 AM / in 2 months

BRIEF-India's Rural Elec exec: looking to raise $1 bln foreign debt in 2017/18

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May 30 (Reuters) - Rural Electrification Corp

* Rural Electrification Director of Finance A. K. Agarwal says to raise 550 billion rupees ($8.51 billion) via bonds in 2017-18

* Chairman P.V. Ramesh says looking very keenly at USD denominated green bond market

* Exec Agarwal says looking at raising $1 billion foreign currency debt in 2017/18 Further company coverage: ($1 = 64.6275 Indian rupees) (Reporting by Suvashree Dey Choudhury)

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