Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar

Power Grid gets shareholders' nod to raise Rs 10,000 crore through bonds

29 Aug 2019

Power Grid Corporation of India has received shareholders' approval to raise up to Rs 10,000 crore through issuance of bonds on private placement basis. A special resolution was approved to raise the fund from domestic market through issuance of secured/unsecured, non-convertible, noncumulative/cumulative, redeemable, taxable/tax-free debentures/bonds during 2020-21. The funds will be raised in up to 20 tranches.

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.

Related Power Grid Corporation Of India Ltd. Links:

Power Grid Corpn. Share Price

246.30 4.75 (1.97%) Jun 11, 18:01
1 Year Price Chart
Company Name CMP
NTPC 118.75
Power Grid Corpn. 246.30
Tata Power 125.65
PTC India 98.25
Torrent Power 464.75
View more..
Sensex vs Power Grid Corpn.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323