Power Grid to raise funds through Bonds Issuance worth Rs 5,000 crore
State-owned Power Grid Corporation has announced that it will raise the funds of around Rs 5,000 crore through bond issuance.
Power Grid to raise funds through Bonds Issuance worth Rs 5,000 crore
State-owned Power Grid Corporation has announced that it will raise the funds of around Rs 5,000 crore through bond issuance.
This is to inform that the ‘Committee of Directors for Bonds’ in their meeting held i.e. on 05th August, 2025, has approved the raising of Bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds - LXXXII (82nd) Issue 2025-26 (for an amount up to Rs. 5,000 Crore) on Private Placement, the company informed through exchanges.
The Bonds are redeemable at par at the end of 10th year and interest payment on yearly basis.
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The Size of the issue POWERGRID Bonds - LXXXII (82nd) Issue 2025-26 is having Base Issue Size of Rs. 1,000 Crore, Green Shoe Option of Rs. 4,000 Crore. The total issue size of Rs 5,000 crore.
The coupon or interest scheduled of payment is to be decided after bidding at Electronic Book Provider (EBP) Platform.
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