NHAI to raise up to Rs.1,000 cr via bonds
The National Highway Authority of India (NHAI) plans to raise funds up to Rs.1,000 crore through public issue of tax-free, secured redeemable non-convertible bonds.
The issue will open on Thursday and is scheduled to close on December 31, 2015, with an option of early closure, it said in a statement.
“The funds raised through this issue will be utilised to part finance various ongoing projects under the NHDP., it added.