Power Grid Corporation of India (PGC) is looking to raise up to Rs 5,000 crore by offering bonds with 5-, 10- and 15-year maturities. The triple-A rated company has already set an upper limit for the coupon at 9.40 per cent annually, above which no investor will be allowed to bid. The cut-off yield across maturities may be fixed in the range of 9.30-9.35 per cent.
FlashNews:
Air India, Akasa Join IndiGo in Raising Fares as ATF Costs Surge 25%
Tata Power Partners with Norway’s Ocean Sun to Pilot Membrane‑Based Floating Solar in India
New Relic Rolls Out Infrastructure 360 for Faster, Smarter AI Operations
Inox Green Completes ₹5.5 Billion Acquisition of Wind World’s 4.5 GW O&M Business
Air India, Singapore Airlines Deepen Partnership to Expand Travel Options, Loyalty Benefits
Alok Tiwari Takes Additional Charge as DFCCIL MD, Pushes Tech‑Driven Freight Corridor Agenda
India Launches Integrated Transport & Logistics Authority to Cut Costs and Boost Connectivity
India’s Infrastructure Future Hinges on Making Projects Investable and Tech‑Driven: Deloitte Survey
FLY91 Expands Regional Network with Ceremonial Touchdown at Navi Mumbai International Airport
Brahmaputra Set to Reclaim Global Role as Dibrugarh Sends First Cargo to Bangladesh
IndiGo Raises Fares as ATF Costs Surge
India Becomes Veolia Foundation’s Regional Emergency Response Hub for Asia-Pacific
Airtel Business Unveils IQ Gateway to Secure Enterprise Messaging at Scale
POWERGRID Veteran Akhilesh Pathak Takes Charge as Director Projects
India Rolls Out $28 Billion GOBARdhan Biogas Plan to Cut Imports, Boost Rural Economy
India’s Civil Aviation Demand is Outpacing Supply: Kinjarapu Ram Mohan Naidu
INDIA’S INFRA STORY IS SHIFTING TRACKS
India’s Green Hydrogen Mission Chief Urges Industry to Back Emerging Ecosystem
Global Trust as Essential as Scale in Green Hydrogen: Pralhad Joshi
Home » PowerGrid to raise Rs 5,000 crore
PowerGrid to raise Rs 5,000 crore
Power & New and Renewable Energy
September 1, 2014September 1, 2014
Leave a Reply
You must be logged in to post a comment.