PTC India Ltd. plans to raise 12 billion

Wednesday, 24 October 2007, 07:00 Hrs
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New Delhi: PTC India Ltd., formerly known as the Power Trading Corporation of India, is planning to raise 12 billion from qualified institutional investors.

Announcing the plan here Wednesday, the public sector company said it was raising funds for expansion in tandem with the growth in India's power sector.
Source: IANS
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