Power Grid (PGCIL) will raise Rs 4,000 crore via AAA-rated corporate bonds in September this year. The company has a mandate to raise Rs 14,000 crore for the year 2016-17 of which PGCIL has already issued financial bonds worth Rs 3,400 crore, last quarter.
Tag: IS Jha
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Transmission is levelling the playing field
One has to look back a few years for proper perspective. Once power generation was de-licensed after The Electricity Act 2003, there was a boom in the sector. People started coming into power generation in a big way, both coal-based and coastal.
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DRIVERS OF GROWTH
The existence of public sector companies over more than six decades can be divided into three distinct phases; namely, post Independence, post liberalisation and the present