Power Grid raises up to Rs. 5,000 crore via private bond placement
Power Grid Corporation of India approved a plan to raise up to Rs. 5,000 crore through the private placement of bonds, decided by its Committee of Directors for Bonds.
5,000 crore through the private placement of bonds, adding another fundraising route for the transmission company. The decision was taken by the company's Committee of Directors for Bonds at a meeting on Sept. 18.