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regulatory filing: Power Grid Corp board okays raising up to Rs 2,250 cr via bonds to fund capex

This fund raising will part-finance the company s capex requirement, for providing inter corporate loan(s) to wholly-owned subsidiaries/JVs and for general corporate purposes by securitization of cash flows of four operational SPV (special purpose vehicles) up to March, 2034, the regulatory filing said.

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Power Grid Corp board okays raising up to Rs 2,250 crore via bonds to fund capex

In a regulatory filing, the company said the Committee of Directors for Bonds, in their meeting held on September 25, 2023, have approved raising of up to Rs 2,250 crore in 2023-24 in second tranche.

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Power Grid Corp to raise up to Rs 2,250 crore via bonds to fund capex

Power Grid Corp to raise up to Rs 2,250 crore via bonds to fund capex
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Power Grid Corp board okays raising up to Rs 2,250 cr via bonds to fund capex

In a regulatory filing, PowerGrid said the Committee of Directors for Bonds, in their meeting held on September 25, 2023, have approved raising of up to Rs 2,250 crore in 2023-24 in second tranche.

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POWERGRID Khetri Transmission System Ltd successfully commissions Transmission system associated with LTA applications from Rajasthan SEZ

POWERGRID Khetri Transmission System Ltd successfully commissions Transmission system associated with LTA applications from Rajasthan SEZ
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