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The Economic Times

Economy / The Economic Times

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Power finance cos turn to global markets for cheaper funds

Indian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made foreign currency borrowing cheaper. Companies like REC and PFC are planning to raise significant funds through external commercial borrowings. This move is expected to lower borrowing costs for these public sector undertakings.

11 Jun 2026 12:16 am