EESL Plans to Raise $174 Million Bonds to Expand LED Program

  • EESL looks to issue bonds worth 5 billion rupees in September
  • Co. to list $100 million Masala bonds in London in November

Energy Efficiency Services Ltd., the government agency responsible for procuring and distributing energy-efficient LED bulbs in India, plans to raise about $174 million this year by selling bonds in India and abroad, a company executive said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.