IWAI to issue bonds next month, raise Rs 660 crore

Inland Waterways Authority of India (IWAI), the implementing agency for Centre's Jal Marg Vikas Project, will issue infrastructure bonds by the second week of October to raise Rs 660 crore to meet capex needs, a top official has said.

"We will raise bonds worth Rs 660 crore in the first or second week of October. We had already raised Rs 340 crore from an approval of Rs 1,000 crore last fiscal," IWAI vice-chairman Pravir Pandey told

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