RBI includes more segments under infra definition for ECBs
According to the liberalised definition, energy sector would include electricity generation, electricity transmission, electricity distribution and oil pipelines
The Reserve Bank of India on Wednesday expanded the definition of infrastructure sector for raising funds through external commercial borrowings (ECBs).
Taking into account the harmonised master list of infrastructure sub-sectors, it has been decided to expand the existing definition for infrastructure sector for the purpose of availing ECBs, RBI said in a notification.
According to the liberalised definition, energy sector would include electricity generation, electricity transmission, electricity distribution and oil pipelines, it said.
Taking into account the harmonised master list of infrastructure sub-sectors, it has been decided to expand the existing definition for infrastructure sector for the purpose of availing ECBs, RBI said in a notification.
According to the liberalised definition, energy sector would include electricity generation, electricity transmission, electricity distribution and oil pipelines, it said.