Maharatna PSU Power Grid’s board approves raising ₹3,800 crore via bonds. Check details
Power Grid Corporation, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company, announced on Monday, November 17, that its committee of directors has approved a proposal to raise up to ₹3,800 crore through the issuance of bonds on a private placement basis.
The base issue size will be ₹1,000 crore, with a green shoe option of ₹2,800 crore, the company said in an exchange filing.
