Power Grid Corporation Of India Ltd.

BSE: 532898 | NSE: POWERGRID
Large Cap | Power Generation/Distribution
265.00
1.45 (0.55%)
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Power Grid planning to raise up to Rs 12,000 crore on private placement basis

Date: 15-04-2024

Power Grid Corporation of India is planning to raise funds via issue of Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable POWERGRID Bond Issue(s) during FY 2024-25 in one or more tranches/ series up to Rs 12,000 crore on private placement. A meeting of ‘Committee of Directors for Bonds’ is scheduled to be held on April 17, 2024 to consider the same. 

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