Power Grid to raise up to Rs 900 cr via bond issuance
 "Piyush Goyal")
Union Minister Piyush Goyal (Photo: ANI)
Power Grid Corporation of India has approved raising of up to Rs 900 crore through issue of unsecured, non-convertible, non-cumulative, redeemable, Taxable POWERGRID Bonds-LXXI (71st) Issue 2022-23 on private placement basis by securitization of cashflows of 10 years i.e, till FY 2032-33 of its operational SPV viz., POWERGRID Mithilanchal Transmission(PMTL).
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First Published: Mar 09 2023 | 10:58 AM IST