{"id":503734,"date":"2022-07-07T10:39:54","date_gmt":"2022-07-07T05:09:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=503734"},"modified":"2022-07-07T10:40:07","modified_gmt":"2022-07-07T05:10:07","slug":"pgcil-board-okays-proposals-to-raise-rs-11000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pgcil-board-okays-proposals-to-raise-rs-11000-crore\/","title":{"rendered":"PGCIL board okays proposals to raise Rs 11,000 crore"},"content":{"rendered":"<p>The board of state-owned Power Grid Corporation of India Ltd NSE 1.62 % (PGCIL) on Wednesday approved two proposals to raise up to Rs 11,000 crore through the issuance of bonds and term loans. The proposals to raise Rs 11,000 crore have been approved in a meeting of the board of directors on Wednesday, July 6, 2022, a BSE filing said.<\/p>\n<p>As per the filing, the board approved a proposal to raise funds up to Rs 6,000 crore from the domestic market through the issue of secured\/unsecured, non-convertible, non-cumulative\/cumulative, redeemable, taxable\/tax-free debentures\/bonds under private placement during the financial year 2023-24 in up to twenty tranches\/offers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of state-owned Power Grid Corporation of India Ltd NSE 1.62 % (PGCIL) on Wednesday approved two proposals to raise up to Rs 11,000 crore through the issuance of bonds and term loans. The proposals to raise Rs 11,000 crore have been approved in a meeting of the board of directors on Wednesday, July 6, 2022, a BSE filing said. As per the filing, the board approved a proposal to raise funds up to Rs 6,000 crore from the domestic market through the issue of secured\/unsecured, non-convertible, non-cumulative\/cumulative, redeemable, taxable\/tax-free debentures\/bonds under private placement during the financial year 2023-24 [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-503734","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/503734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=503734"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/503734\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=503734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=503734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=503734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}