Power Grid Corporation of India has received shareholders' approval to raise up to Rs 10,000 crore via bonds on a private placement basis in 2021-22. All resolutions as set out in the notice of 31st Annual General Meeting held on September 22 have been duly approved by the shareholders with requisite majority. The company had proposed a special resolution in the AGM to raise up to Rs 10,000 crore from domestic market in financial year 2021-22.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.
