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Power Grid planning to raise Rs 30,000 crore in FY19: Report

05 Apr 2018 Evaluate

Power Grid Corporation of India (PGCI) is reportedly planning to raise Rs 30,000 crore in the current fiscal year 2018-19 through long-term borrowing programme. Out of this Rs 30,000 crore, Rs 20,000 crore would be raised by selling bonds, with the rest, Rs 10,000 crore, through long-term loans.

PGCI 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.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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