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:
Airtel, Google, and AdaniConneX to Build India’s First $15 Billion AI and Data Hub in Visakhapatnam
Air India Adds 166 Festive Flights to Patna for Diwali and Chhath Puja
THINK Gas Cuts CNG and DPNG Prices Across UP, Bihar, and Punjab Ahead of Festive Season
Hinduja Renewables Appoints Deepak Thakur as MD & CEO
India’s GalaxEye to Launch World’s First Multi-Sensor Satellite: One to Rule Them All
India Designates Three Major Ports as Green Hydrogen Hubs under National Mission
Karnataka Partners with SIA-India to Launch India’s First State-Led Space Technology Centre
IndiGo Expands UK Reach with More Flights to Manchester and London Heathrow
ENGIE Secures 100 MW Solar PPA with SECI, Expands Rajasthan Portfolio to 1 GW
Air India Adds Fourth Daily Delhi-London Flight, Expands UK Network for Winter 2025
IMC 2025: Scindia Highlights India’s Digital Leap in Manufacturing, Startups
Lotus Takes Flight: Mumbai’s Aviation Horizon Expands as PM Modi Launches Navi Mumbai International Airport
NMIA Ripple: Real Estate Activity Accelerates Across Panvel and Navi Mumbai
Avaada Group Commits ₹360 Billion to Gujarat’s Green Energy Push at Vibrant Gujarat 2025
India’s Solar Push Goes Local: Minister Joshi Highlights People-Centric Energy Transition at ISA Curtain Raiser
IndiGo Unlocks Nordic Gateway with Direct Mumbai-Copenhagen Flights
IMC 2025: Satcom Summit Calls for Space Networks to Bridge Digital Divide
Air India-STARLUX Interline Deal Opens Seamless Access to Taiwan via Southeast Asia Gateways
Sembcorp to Acquire ReNew Sun Bright, Expanding India Solar Portfolio to 6.9 GW
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.