Business Daily from THE HINDU group of publications
Wednesday, September 2, 2009
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Business Daily from THE HINDU group of publications Wednesday, September 2, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1315 hrs (IST)
General NTPC, REC to come up with FPO by fiscal-end NEW DELHI: The Government on Wednesday said state-run power utilities NTPC and REC will come up with Follow-on Public Offer (FPO) by the end of this fiscal. “NTPC and REC FPO will come up before March 2010,” Power Secretary, Mr H S Brahma said here. NTPC and REC plan to raise Rs 6,000 crore and Rs 3,000 crore, respectively through these offers. - PTI
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