Mumbai, March 9 -- The company said the funds will be raised at an appropriate time, depending on market conditions and its funding requirements for Indian Railways.

The company will raise funds from the domestic markets / offshore markets, funds through ECBs including but not limited to global medium term note programme, foreign currency bonds, rupee offshore bonds (masala bonds), green bonds, environmental, social and governance (ESG) bonds, offshore loans, multilateral and bilateral loans, export credit financing, and official development assistance (ODA) loans.

The company may also raise funds through instruments such as non-convertible debentures, perpetual bonds, subordinated bonds, market-linked bonds, zero-coupon bonds, and othe...