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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. ....
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. ....
Power Grid Corp to raise up to Rs 2,250 crore via bonds to fund capex business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
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. ....