Power Grid Corporation of India has entered into loan agreement with Asian Development Bank (ADB) on August 17, 2017 for an amount of $500 million. The proceeds of the Loan are proposed to be utilized for funding of Green Energy Corridor (Part-D); ±800kV HVDC Bipole link between WR (Raigarh, Chhattisgarh) and SR (Pugalur, Tamil Nadu) and ±320kV VSC based HVDC Link between Pugalur & North Trichur (Kerala).
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.
| Company Name | CMP |
|---|---|
| NTPC | 400.45 |
| Tata Power | 439.20 |
| Adani Power | 230.15 |
| Power Grid Corp | 313.90 |
| Torrent Power | 1712.20 |
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