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Power Grid enters into loan agreement with KfW

31 Dec 2018 Evaluate

Power Grid Corporation of India has entered into a Loan Agreement for EUR 200 million with KfW, Germany on December 28, 2018, towards financing of transmission project for integration of clean energy and system strengthening.

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.

Peers
Company Name CMP
NTPC 309.30
Tata Power 335.50
Adani Power 188.00
Power Grid Corpn. 245.40
Adani Energy Solut. 1252.95
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