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Raising of upto Rs 6billion bonds issued by Power Grid Corp
June 21, 2023June 21, 2023by In Power & New and Renewable Energy

Raising of upto Rs 6billion bonds issued by Power Grid Corp

The board of the state-owned Power Grid Corporation has approved raising up to Rs 6 billion through the issuance of bonds for private placement. According to a BSE filing, “Committee of directors for bonds, in their meeting held on 24th March, 2023, have approved the raising of unsecured, nonconvertible, non-cumulative, redeemable, taxable POWERGRID Bonds-LXXII (72nd)...