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Power Grid Corporation gets nod to raise Rs 4,250 crore via Bonds

18 Dec 2024 Evaluate

Power Grid Corporation of India has received approval for the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable, POWERGRID Bonds - LXXX (80th) Issue upto Rs 4,250 crore on Private Placement basis. The ‘Committee of Directors for Bonds’ in their meeting held on December 18, 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
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