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Government may ask ports to fund Dredging Corporation of India Ltd-Livemint


Thursday, 16 Jan 2014 09:42pm EST 

Dredging Corporation of India Ltd:Union shipping secretary Vishwapati Trivedi on Thursday said the company is in the process of raising 10 bln Indian Rupees from banks and ports-Livemint.We will be raising 10 bln Indian Rupees from either banks or we are saying let the ports, flush with cash come in and give a loan to the corporation for dredging projects at their ports,' Trivedi told reporters on the sidelines of an industry conference here.He said the corporation is not mulling raising the money by issue of bonds like it did last year. 

Company Quote

430.2
7.7 +1.82%
6:15am EDT