Power Grid Corporation Of India Ltd.

Power Grid Corporation of India has reportedly entered into a loan agreement with Asian Infrastructure Investment Bank (AIIB) for $100 million for funding of high voltage direct current (HVDC) bipole link between Western Region (Raigarh, Chhattisgarh) and Southern Region (Pugalur, Tamil Nadu)- North Trichur Kerala Scheme 2: AC System Strengthening at Pugalur end.

Power Grid Corporation of India (PGCIL) 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.