Dec 5: UP Power Corporation Ltd has successfully raised a whopping Rs 4498.20 crore on the BSE BOND platform on December 5. BSE said that it has become a preferred platform for bond issuances by corporates to raise debt capital.
Till date, corporate India has raised debt capital of Rs 3,43,386 cr.Shri Alok Kumar IAS Chairman from U P Power Corporation Limited quoted “We at UPPCL appreciate the transparent dynamics of online bidding portal BSE BOND and market participants in making the largest NCD issue in State Power Discom possible.
In this Financial Year 2017-18, till December 04, 2017, 64 Issuers have done 295 issues of bonds and have successfully raised Rs. 1,28,209 crore using BSE Debt platforms.