EESL funds mobilisation in fiscal 2017

Last Modified: Sun Jun 25 2017 23:48:05 GMT+0530 (India Standard Time)
  • Rs. 500 crore
    Domestic bonds issued to investors on private placement basis at a coupon rate of 8.07% per annum. Issue date: 20 Sep 2016.
  • EUR 200 million
    (INR 1,400 crore) Loan provided by German Development Bank (KfW) on 14 Mar 2017. With this the total German commitment for better energy efficiency in India stands at EUR 600 million (INR 4,200 crore).
  • $200 million
    loan from Asian Development Bank (ADB). Loan agreement signed with Government of India on 31 Mar 2017.
  • $100 million
    Plans to raise 'green' and 'masala' bonds on the London Stock Exchange. The company has appointed Moody's as the credit rating agency and Barclays and Standard Chartered Bank as advisors for the proposed issue.
  • Rs. 1,000 crore
    Proposed to be raised from the domestic market in two tranches of Rs 500 crore each.
  • Rs. 200 crore
    Proposed to be raised through an IPO later in 2017 - by diluting around 20% stake.