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Power Grid enters into loan agreement with ADB

24 Feb 2017 Evaluate

Power Grid Corporation of India (PGCIL) has entered into loan agreement with Asian Development Bank (ADB) on February 23, 2017 for an amount not exceeding $500 million for part funding of its projects - Green Energy Corridors-ISTS (Part-D); and Scheme 1: Raigarh-Pugalur 6000 MW HVDC System & Scheme 3: Pugalur- Trichur 2000 MW VSC Based HVDC System associated with HVDC Bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu)- North Trichur (Kerala) Transmission Project.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.


Power Grid Corp Share Price

314.15 -1.60 (-0.51%)
07-May-2026 10:11 View Price Chart
Peers
Company Name CMP
NTPC 395.25
Tata Power 439.85
Adani Power 230.70
Power Grid Corp 314.15
Torrent Power 1733.00
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