5.65 (2.19%) Power Grid Corporation of India has received approval for the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds-LXXXI (81st) Issue 2025-26 for an amount upto Rs 6,000 crore on Private Placement. Bonds are redeemable at par at the end of 10th year and interest payment on yearly basis. The ‘Committee of Directors for Bonds’ in their meeting held on April 4, 2025, has approved the same.
Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.