Power Grid Corporation has fully drawn a 22 billion Japanese Yen (JPY) loan and utilised it to finance capital expenditure for its ongoing and new projects.
Power Grid had entered into a JPY 22-billion syndicated term loan facility agreement with Sumitomo Mitsui Banking Corporation's (SMBC) Singapore branch on December 10, 2018. The facility has door-to-door maturity of 12 years and is on floating rate interest basis linked to JPYLIBOR.
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 | 356.30 |
| Tata Power | 375.25 |
| Power Grid Corpn. | 287.95 |
| Adani Power | 221.75 |
| Torrent Power | 1367.30 |
| View more.. | |
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