Power Grid Corporation of India Limited (PGCIL), a Maharatna Central Public Sector Enterprise under the Ministry of Power, has announced that its “Committee of Directors for Bonds” will meet on August 5, 2025, to consider a fresh bond issuance.
Also Read: PFC Transfers Odisha Power Transmission SPV to HG Infra Engineering – Details Inside
The meeting will deliberate on the proposal to issue Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds under “POWERGRID Bond – LXXXII (82nd) Issue” through the private placement route.
Capital Raise for FY 2025–26
This proposed bond issue is part of PGCIL’s ongoing capital mobilisation drive for operational and expansion needs in the financial year 2025–26. The funds will support the company’s critical infrastructure projects and strengthen the national power transmission network.
Strategic Financial Planning
The proposed bonds are aimed at bolstering Power Grid’s structured financial strategy, which focuses on maintaining healthy liquidity levels while continuing its aggressive investment in transmission infrastructure. If approved, the bond issue will enhance Power Grid’s ability to meet the growing demands of India’s energy sector.
PGCIL plays a pivotal role in the transmission of electricity across India, operating a vast network that ensures stable and efficient power delivery across states.
Power Grid Corporation of India
Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states of India. It is headquartered in Gurugram. As India’s central transmission utility, POWERGRID is responsible for interstate electricity transmission, grid management, and renewable integration. It also provides consultancy and leads innovations in smart grid and digital infrastructure development.
