India looks to learn from NTPC mistakes with REC follow-on

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India looks to learn from NTPC mistakes with REC follow-on

Issue: 1142 - 18 February 2010

Keywords: Rural Electrification Corp, NTPC, REC

The Indian government set a minimum price for the $750m follow-on offering for Rural Electrification Corp late on Wednesday, agreeing to offer a bigger discount in a sign that it wants to move on from the disappointing NTPC sale two weeks ago. ..

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