PTC India plans to raise $500 mln for energy fund

Written by:
Subscribe to Oneindia News

New Delhi, May 29 (UNI) The country's largest power trader PTC India today said it plans to raise 500 million dollars for its energy fund.

''There are huge requirements. But we also need to look at the market appetite. Any fund worthwhile should not be less than 300 million dollars, however, we will go for 500 million dollars initially and then raise further,'' Chairman and Managing Director Tantra Narayan Thakur said here.

However, he did not mention any time frame for it.


Please Wait while comments are loading...