MoneyWorks4Me

Power Grid gets nod to raise funds up to Rs 12,000 crore via bonds

18 Apr 2024 Evaluate

Power Grid Corporation of India has received an approval for the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds Issue(s) during FY 2024-25 in one or more tranches / series up to Rs 12,000 crore. The Committee of Directors for Bonds in their meeting held on April 17, 2024 has approved the same.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.


Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
View more..