ADVERTISEMENT
ADVERTISEMENT

Power Grid board approves plan to raise Rs 12000 crore via bonds

Indian Masterminds Stories

State-owned Power Grid Corporation of India board on Wednesday approved a proposal to raise up to Rs 12,000 through the issuance of bonds in one or more tranches in FY 2024-25. Power Grid Corporation is the country’s largest electric power transmission utility. It operates 86 per cent of Inter-Regional networks. It is engaged in the bulk transmission of power across states in the country.

According to the BSE filing, Committee of Directors for Bonds in their meeting held on on 17th April 2024 has approved the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable Powergrid Bonds Issue(s) during FY 2024-25 in one or more tranches/series up to Rs 12,000 crore.


Indian Masterminds Stories

Related Stories

News

GST Training
Two-Day Training on GST Prime for Central & State Tax Officers Commences at NACIN ZTI Delhi
Ministry_of_Defence_India
Four IAS Trainees Appointed as Assistant Secretaries in the Ministry of Defence
A Srija
Ms. A. Srija IES Promoted to Additional Secretary Level
Ministry of Commerce
Six IAS Trainees Appointed as Assistant Secretaries in Ministry of Commerce
MInistry of DoNER
Three Newly Appointed IAS Officers Take Charge as Assistant Secretaries in Ministry of DoNER
Indian-Economic-Service-IES
IES Officer R Sathish Upgraded to HAG Level 15
RBI-Emblem-PNG
RBI Approves Appointment of Pradeep Kr Sinha as Part-Time Chairman of ICICI Bank
GAIL PSU
Petroleum Secy Inaugurates GAIL's 10 MW Green Hydrogen Plant

Videos

WhatsApp Image 2024-05-24 at 08.25
Delving into the Minds Behind Espionage: Dr. Neil Krishan Aggarwal's 'Covert'
WhatsApp Image 2024-05-06 at 13.35
IFS Officer Jyotsna Sitling Leads Community in Eco-Restoration Efforts
Dr Sanjeev Chopra
IAS Alone Don't Run The Government; It's A Synergy Of All Services
ADVERTISEMENT
Latest
Latest
GST Training
Two-Day Training on GST Prime for Central & State Tax Officers Commences at NACIN ZTI Delhi
WhatsApp Image 2024-05-27 at 5.23
From Semiconductor Engineer to Interview Topper, Annapurna Singh Shares Her Inspiring Journey
ADVERTISEMENT
Videos
Videos
WhatsApp Image 2024-05-24 at 08.25
WhatsApp Image 2024-05-06 at 13.35
Dr Sanjeev Chopra
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT