Mercom Insider

POWERGRID to Raise up to ₹9 Billion Through Bonds

The base issue size of bonds will be ₹3 billion

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The board of Power Grid Corporation of India (POWERGRID) has approved raising unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds for ₹9 billion (~$109.73 million) through private placement.

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