PSU PRESS RELEASE
IWAI to raise Rs 1000 cr in FY 17 via issuance of bonds
NEW DELHI .Inland Waterways Authority of India (IWAI) will raise Rs 1,000 crore in the current fiscal through issuance of bonds to part fund the expansion of country's inland waterways.
Chairman Amitabh Verma said that IWAI will raise Rs 1,000 crore from market in February and March 2017 in two tranches of Rs 500 crore each to part fund the expansion of India's inland waterways through government serviced bonds. Business-standard
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