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EESL to raise Rs 5,000 crore to fund expansion

EESL to raise Rs 5,000 crore to fund expansion

Monday, March 13, 2017, 12:52 PM

State-owned Energy Efficiency Services Ltd (EESL) is set to raise Rs5,000 crore from its promoters Rural Electrification Corp., Power Finance Corp. and NTPC Ltd as well as through loans from domestic and overseas lenders. The money will be used to finance a major expansion of energy efficiency services and products in 2017-18.
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